The global heat exchanger market reached value of US$16.3 Billion in 2021 and is expected to reach to US$23.4 Billion by end of 2027, showing the CAGR of 6 percent during the 2022- 27. The growth can be attributed to the rising demand for advanced thermal engineering solutions across several industries such as oil, gas, petrochemicals, food, beverages, pharmaceuticals, chemicals, etc. However, in India, despite the abundance of multiple multinational manufacturers, the availability of efficient after sales service is scarce. Lack of domestic spare parts manufacturing makes the entire industry heavily rely on imports. This is where Platex India came to offer a comprehensive spectrum of onsite servicing solutions for heat exchangers while putting forward one manufacturing plant and three service centres to build and repair all kinds of heat exchangers.
Started in 2018, Pune based company came up with a complete range of after sales support for every brand of heat exchangers; the objective is to eradicate the unavailability of immediate site support. Platex India is an ISO 9001- 2015 certified company who entered the league of top heat exchanger manufacturers in a very short span. The domination of multi-nationals in Indian industry with extensive lead time, expensive spares & minimal after sales support, Platex became the prime mover owing to its expertise in after-sales.
Array of Offerings
Platex offers a complete range of manufacturing of heat exchangers along with onsite servicing and spares for every brand PHE’s. Unlike other manufacturers who deals in a specific type, Platex has set up a facilityto manufacture all types of heat exchangers such as shell & tube, plate & frame, finned tube, spiraland Semi-welded under one roof. With expertise in the field, Platex delivers 24x7, 365 days service support along with authentic spares at a reasonable price. Platex is serving more than 250 clients in national and international market.
CIP, Dump-Condenser and Clear water solution are other innovative products manufactured by Platex. Portable fully-automated Clean-in- Place systems is used as an online heat exchanger cleaning equipment. Platex managed to sell more than 60 CIP systems within a year which exhibit the need of the hour. Dump condenser has shown immense savings in terms of heat recovery from waste steam. Clear water solution is invented to keep the cooling tower lines clean.
Niranjan Mehta, Director of Platex India adds, “The top-notch manufacturers are reluctant on price, delivery, and after sales care. Overlooking the MSME and Start-up India initiatives of the Indian Government to support the Indian manufacturers, the Indian users are more prone to the brand names. The end-users should support the local manufacturers and help them publicize their bringing. The advantages of encouraging homegrown companies are enormous. At Platex, we emphasize on government initiatives like ‘Make-in-In¬dia’ and ‘Vocal for Local’.
As the small size industries are booming in India this innovation is going to prove itself as an essential need of the time to come
Future Prospects
Upon their future endeavours Mehta adds, “We are expecting the Indian market to touch US$800 million to US$850 million by 2026. Likewise, we are expecting the same rate of reasonable growth in our company. Currently we have capacity to manufacture 90 percent of the parts in our unit, however, we are planning to upgrade our facility to install all sort of machineries essential for manufacturing of heat exchanger along with fully equipped service centres at prominent locations and service vans in near future. As the small size industries are booming in India this innovation is going to prove itself as an essential need of the time to come”.
