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Deep Industry blacklisting-III: Other companies are rushing in to fill the gap
Mar 14: While market leader Deep has been put on the blacklist, other companies are trying to grab the gas dehydration business in ONGC.
8One company in particular, with a long track record of dealing with ONGC, has stepped in forcefully after Deep's exit
8It is mobilizing resources to invest in dehydration units as the order booked as jumped.
8The business has taken off after the government made it mandatory to use dehydration units in a gas pipeline after the GAIL pipeline blast in 2004
8The capital intensity nature of the industry coupled with the relevant technical expertise act as an entry barrier for new entrants.
8Other players are trying to get in quickly after Deep's departure from ONGC
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