Page 27 - Thermax PR REPORT - November 2024

Thermax to highlight advanced clean air, clean energy, and clean water solutions for the F&B industry at Gulfood Manufacturi…
Thermax's commitment to the food and beverage sector is reflected in its growth, which accounted for approximately
11 per cent of its global orders in FY 2023-2024, making it the company's second-largest growth sector. By
leveraging its multi-faceted capabilities, Thermax actively supports various sub-segments within the industry, such as
food processing, beverages, dairy, meat, poultry, and related products, driving the sector towards more sustainable

alternatives for utility needs.

Visitors will explore how Thermax's advanced solutions facilitate cost-effective and sustainable production processes
by reducing emissions, optimising energy consumption and conserving water across the food and beverages
industry.

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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