Page 11 - Thermax PR REPORT - November 2024

Ashish Bhandari, Managing Director and CEO, Thermax Limited said, “Gulfood
Manufacturing 2024 presents a valuable opportunity for us to connect with industry
stakeholders, understand their challenges firsthand, and deliver customised solutions
for clean air, clean energy, and clean water. Our aim is to foster a greener, more
resource-efficient industrial landscape. As a trusted partner in energy transition, we
are committed to bridging the gap between resource availability and sustainability. This
commitment drives us to continuously expand our portfolio with innovative products,
catering to a diverse customer base that includes both multinational corporations and
local enterprises.”

The participation is particularly significant amid the global sustainable manufacturing
market’s rapid expansion, projected to reach an estimated value of USD 367.2 billion
by 2029, from USD 215.4 billion in 2024, growing at a CAGR of 11.3 per cent.

With over three decades of experience in the MENA region and more than 1,000
installations across 15+ countries, Thermax remains committed to serving key regional
markets, including the UAE, KSA, Egypt and Tunisia, to name a few. In addition to the
F&B sector, Thermax provides solutions for industries such as chemicals, paper &
packaging, pharmaceuticals, textiles and oil & gas in the region.

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About Thermax Limited
Thermax Limited (NSE: THERMAX) is a leading conglomerate in the energy and
environment space and a trusted partner in energy transition. Thermax's extensive
portfolio includes clean air, clean energy, clean water and chemical solutions. Backed
by its longstanding industry partnerships across multiple sectors, Thermax has
cultivated strong expertise in audit, consulting, execution, and maintenance coupled
with digital solutions, ensuring a unified energy and environment management
experience. Leveraging its distinctive engineering capabilities, Thermax converts
costs to profits while protecting the environment – a win-win for the industry and
society at large. Thermax operates 14 manufacturing facilities across India, Europe,
and Southeast Asia and has 44 Indian and international subsidiaries.

For more information, visit www.thermaxglobal.com or follow on LinkedIn