New Delhi, Industrial gases firm Air Liquide India on Friday said it has set up a manufacturing unit in Mathura, Uttar Pradesh with an investment of Rs 350 crore with an aim to expand its business.

It said this air separation unit is dedicated to health care and industrial trading activities in Kosi, Mathura.

It has a production capacity of over 300 tonnes of liquid oxygen and medical oxygen per day as well as about 45 tonnes of liquid nitrogen and 12 tonnes of liquid argon, the company said in a statement.

This unit will supply industrial gases to Delhi Capital Region, Western Uttar Pradesh, Rajasthan and Madhya Pradesh.

Medical grade oxygen manufactured in this plant will be supplied to hospitals.

It said the new unit is planned to operate entirely on renewable energy by 2030.

"Air Liquide has invested approximately Rs 350 crore to build this state-of-the-art air separation plant," it said in a statement.

Air Liquide India is a leading supplier of industrial gases to hospitals and industries from its various production facilities located in the northern and western regions of India.

“This new plant is an important step in our expansion, which will drive growth in both the industrial and healthcare sectors across the region,” said Benoit Renard, Managing Director, Air Liquide India.