Released on: April 9, 2008, 2:26 am

Press Release Author: rashika

Industry: Industrial

Press Release Summary: GEA Ecoflex India, part of GEA Ecoflex GmbH one of the
world's market leaders in Plate Heat Exchanger technology, which is part of the
holding company GEA Group AG - stock listed on M-DAX - today announced that they are
planning to invest 100 crores in India to make GEA India the third largest
state-of-the-art manufacturing facility in the world.


Press Release Body:
GEA Ecoflex India has embarked upon setting up a new factory at Pune, which will be
ready by 2009. Sales offices have been set us across all the 5 metros in India and
new ones are being established in key industrial cities. This factory will
manufacture a wide range of Industrial plate heat exchangers, hygienic heat
exchangers meeting the highest standards required for food processing, large heat
recovery units unmatched in efficiency for Power, Fertilizers and Metal making
industry. This plant will also bring together two of GEA group's other companies -
GMT and GES
The company aims to target primarily the Indian market and many other countries of
Asian market of plate heat exchangers and this will thus help in setting up the
in-house production for GEA Ecoflex India Pvt Ltd. The overall market size for Plate
heat exchangers is estimates at Rs. 1200 crores annually.
"GEA Ecoflex India will be serving as a one stop source for the growing Industry in
India, offering energy efficient and environment friendly heat exchange products",
said Mr. Virendra Jhamb, MD, GEA Ecoflex India.
Plate heat exchangers (PHE) are widely used by all Manufacturing industries like
Food Processing industry, Power Plants, Air conditioning industry, sugar, paper,
refrigeration, marine, textile industry to name a few.
The Indian Power sector is growing and newer plants are being set up to meet the
increasing needs of power. GEA Ecoflex is contributing to the power sector through
clients such as NTPC, BHEL, Reliance, Jindal group.
About GEA Group
GEA Group AG, the Global Engineering Alliance has over 250 companies under its
umbrella with over Euro 5.2 billion turnover and with more than 19.500 employees
worldwide. Founded as GEA Luftkuehler in 1922 the company is a front runner in
engineering and technology and conglomerates pioneering expertise through its
divisional companies. The Process Equipment Division provides innovative and
reliable solutions in the field of heat transfer.
GEA created EcoFlex in 1995 to focus on gasketed and welded plate heat exchangers
under the Ecoflex name. GEA Ecoflex has been present in India since the year 2000
and has grown to become a leading supplier of Plate Heat Exchangers in the country.
Each subsidiary of GEA benefits from know-how of strong alliances within the group
thus being cost effective and customer oriented.


About GMT
GEA Maschinenkuehltechnik GmbH, based with the headquarter in Herne, Germany and
production facilities in Poland and China offers a wide range of compact type heat
exchangers for the following applications like Charge Air Cooler for Diesel and Gas
Engines, Closed Circuit Cooler for Generators & Electrical Motors, Cooler for Rail
Vehicles and Pressure Gas Cooler.

The core competence of GEA Maschinenkuehltechnik GmbH is the production of these
heat exchangers. Each cooler is custom made under the sternest safety measures,
continuous quality control as well as time-coordinated work sequences to meet all
requirements.

About GES

GES's headquarter and project departments are located in Northern France and the
manufacturing is presently located at three facilities: France, Poland and China.
GES also offers a complete range of packaged cooling tower's for industrial
applications.

GES coolers are used in various industrial areas however the core businesses are
clearly defined in the following order like Power generation (remote air cooled
radiators for gas engines, diesel engines, gas turbines), Iron and steel industry
(dry coolers, cooling towers and coils for furnaces, galvanisation lines, chemical
baths), Air conditioning (coolers and condensers for chillers).



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Rashika Jindal
Pragma Communication
+91 9900128128 / +91 (80) 4153 4520
rashika@pragmacommunication.com