India imports helium for its needs, and with the USA appearing set to cut off exports of helium since 2021, Indian industry stands to lose out heavily.
- The Federal Helium Reserve which is the major helium reserve of the USA is set to close down production in 2021, and scientists are looking for new reserves to replace it.
- Helium is a chemical element with the symbol He and atomic number 2.
- It is a colorless, odorless, tasteless, non-toxic, inert, monatomic gas, the first in the noble gas group in the periodic table.
Its boiling point is the lowest among all the elements.