Industrial gas maker BOC India Limited has informed that it would invest around Rs 200 to Rs 250 crore on several ongoing projects in India by the end of the first quarter of the next financial year. 

The company has a cash reserve of around Rs 200 to Rs 250 crore, which is the part of the Rs 600 crore investments committed by parent company Linde Group to India early this year.

Apart from routine investments in ongoing projects, the company was scouting for buyout opportunities in the country.

Recently, the company has appointed its Finance Director, Mr. Srikumar Menon as the Managing Director of the Company for a term of three years with immediate effect.