NEW DELHI: In about four months from now, India faces a potentially crippling shortage of Helium gas due to falling levels of production in the United States. India imports around ₹55,000 crore ($733 million) of Helium from the U.S. every year for use in rockets and nuclear reactors to MRI scans and electronics. In fact, wherever a high level of refrigeration is required, as in semiconductor chips and magnets, Helium, given its low boiling point, is considered to be an ideal cooling agent.
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