Hexagon AS signed a joint venture agreement with Indian Company Sidda Technik, Gujarat on 24th May, 2016 to explore opportunities in India’s gas market. Siddha Gas Technik has over 30 years of experience & expertise in natural gas system and high technology solutions in the Indian Gas Sector. The joint venture will sell CNG automotive and mobile pipeline products. With production facilities in Norway, US and Brazil, Hexagon is now set to enter the Indian market. The opportunities for storage and transportation of compressed natural gas (CNG) in India are substantial. Investments are made to significantly increase the share of natural gas in the country’s energy supply. This gives immense opportunity to the joint venture to capitalize the existing market. The signing event was organised by the Norwegian Business Association India (NBAI), of which Hexagon is a member. Ambassador of Norway to India, Mr. Nils Ragnar Kamsvåg, & US Deputy Chief of Mission Mr. Micheal Pelletier were present at the signing of the agreement.