Press Release

INOXCVA Partners with Sweden's Wayout to Manufacture Advanced Water Microfactories in India

Collaboration to support local production of decentralized drinking water systems and accelerate access to sustainable, plastic-free water solutions

Vadodara, 1st July 2026:  INOX India Limited (INOXCVA), one of the world's leading cryogenic technology and engineering companies, today announced a strategic collaboration with Wayout International AB, Sweden's pioneering decentralized water technology company, to manufacture advanced water microfactories in India. The collaboration marks INOXCVA's entry into the rapidly emerging decentralized water infrastructure segment and reinforces the Company's commitment to applying its advanced manufacturing, process engineering, automation, and modular fabrication capabilities to new-age sustainability-driven industries.

Under the collaboration, INOXCVA will manufacture Wayout's proprietary water microfactories in India, supporting the Company's global vision of enabling access to safe drinking water while significantly reducing dependence on single-use plastic bottles and conventional water distribution systems. Wayout's innovative microfactory technology enables the local production of high-quality drinking water from various water sources through an intelligent, automated, and decentralized system. By producing water closer to the point of consumption, the solution helps reduce transportation requirements, plastic waste generation, and environmental impact while enhancing water security and accessibility.

Deepak Acharya, Chief Executive Officer - INOX India Limited, said,At INOXCVA, we have always believed that advanced engineering and manufacturing capabilities can be leveraged to address some of the world's most pressing challenges. Wayout's decision to collaborate with INOXCVA reflects the confidence global technology companies place in India's manufacturing ecosystem and our ability to deliver sophisticated, high-quality, and scalable industrial solutions. Over the years, we have built capabilities that enable us to manufacture highly complex equipment and systems for some of the world's most demanding industries. We look forward to bringing those capabilities to the decentralized water infrastructure sector and supporting Wayout's growth ambitions in India and beyond. Access to safe drinking water and reduction of plastic waste are among the most critical sustainability priorities globally. We are delighted to partner with Wayout and support their vision through our manufacturing excellence and engineering expertise. "

The partnership combines Wayout's proprietary water technology platform with INOXCVA's proven expertise in precision manufacturing, stainless-steel process systems, modular engineering, and execution of complex industrial infrastructure projects across global markets.

Mr. Ulf Stenerhag, Chairman and CEO, Wayout International AB, said, “INOXCVA's advanced manufacturing infrastructure, engineering capabilities, global execution experience, and strong reputation for quality made them a natural partner for us. Together, we aim to make sustainable drinking water solutions more accessible while contributing to reduced plastic consumption and a more resilient water future. Our mission is to fundamentally transform how drinking water is produced and distributed by enabling local, sustainable, and resilient water production. As we accelerate our global expansion, it was important for us to partner with a manufacturing organization that shares our commitment to quality, innovation, and scalability.”

The collaboration is expected to support the deployment of decentralized drinking water solutions across multiple sectors, including hospitality, residential communities, industrial

facilities, institutions, remote locations, and infrastructure projects. The initiative also aligns with growing global efforts to promote circular resource utilization, reduce plastic waste, enhance water resilience, and develop sustainable infrastructure solutions capable of serving communities closer to the point of need. By combining Swedish innovation with Indian engineering and manufacturing excellence, Wayout and INOXCVA aim to create a scalable platform for advancing sustainable drinking water infrastructure while contributing to environmental stewardship and long-term resource security.

About INOX India Ltd

INOX India Limited (INOXCVA) is one of the largest manufacturers of Cryogenic Storage, Re-gas and Distribution Systems for LNG, Industrial Gases, Liquid Hydrogen and Cryo-Scientific applications with operations in India, Brazil & Europe. The Company has an extensive user base, spread across more than 100 countries and is serviced by a network of after-sales support associates in 25 countries. The company is leading India’s efforts in adoption of LNG for industrial and automotive purposes. The Company’s key strength lies in design engineering, manufacturing, supply and commissioning of Cryogenic turnkey packaged systems with reputation and a vision to deliver a significantly higher value to its consumers. For more information, please visit www.inoxcva.com.

About Wayout International AB

Wayout International AB is a Swedish water technology company developing Distributed Drinking Water Infrastructure. Through decentralized microfactories, reusable vessel systems, smart dispensing and digital monitoring, Wayout enables local production and distribution of safe drinking water with significantly lower environmental impact than traditional alternatives.