What Funke Heatex Engineering India does

Funke Heatex Engineering India Pvt Ltd is an Indian private company incorporated in 2015 as a joint venture between Funke Warmetauscher Apparatebau GmbH (Germany, established 1974), Heatex Industries Limited (India, established 1983), and Pooja Group. Headquartered in Palsana, Surat, Gujarat, the company manufactures industrial heat exchangers and process equipment at a single 14,000 sq meter facility (7,000 sq m covered) equipped with CNC machining, plasma cutting, drilling, plate bending up to 105 mm thickness, and a combined 60 MT lifting capacity across four bays under a 12 m hook height.

The product portfolio spans shell-and-tube heat exchangers (standard, customized, and safety variants), gasketed and brazed plate heat exchangers, OKAN oil/air cooling units, electrical oil pre-heaters, custom process and static equipment, and industrial storage tanks. Technical capabilities extend to diameters up to 6 m, lengths of 20 m, weights of 100 MT, design pressures up to 600 bar, design temperatures from -60 to 400°C, and heat transfer areas up to 4,000 m². Differentiated technology includes the patented 'three chamber devices' safety shell-and-tube principle developed by founder Karl-Heinz Funke with double tube bundles and leak-sealing liquid; the FUNKE Offset Plate Design delivering up to 17% higher performance per area than conventional plate exchangers; and FUNKE Turbulence Plates used in TPL brazed plate exchangers, produced exclusively by Funke. Thermal design uses HTRI (Heat Transfer Research Institute, USA) software together with in-house proprietary software reportedly used globally.

The business model is project-based B2B enterprise sales with EPC-style scope of supply: design, detail engineering, procurement, construction, and commissioning assistance. Customers are industrial buyers across mechanical and plant engineering, HVAC, chemicals and pharmaceuticals, power generation including renewables, and marine/offshore applications. The company holds ASME S, U, and R Stamp certifications plus ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018. Go-to-market is direct enterprise sales via the company website, contact forms, downloadable multilingual brochures (German, English, Russian, French, Spanish, Czech, Korean, Chinese), and a Facebook page; no API, app, or digital channel beyond these is disclosed. Revenue is not publicly disclosed for the Indian entity; the German parent's reported turnover of INR 400 crore is the only group-level revenue reference.

Name

Funke Heatex Engineering India

Legal name

Funke Heatex Engineering India Pvt Ltd

Website

https://funkeheatex.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Funke Heatex Engineering India is a 2015 joint venture (Funke Germany, Heatex Industries, Pooja Group) that designs and manufactures industrial shell-and-tube and plate heat exchangers, oil/air coolers, pressure vessels, and storage tanks for chemical, petrochemical, pharma, HVAC, power, and marine customers in India.

Ownership category

akta.pro rank

Product category

Industrial Heat Exchanger Manufacturing

NAICS

Power Boiler and Heat Exchanger Manufacturing (332410), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Heating Equipment, Except Electric & Warm Air Furnaces (3433), Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures (3430)

akta.pro primary industry

Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC)

akta.pro secondary industries

Heat Exchangers & Thermal Transfer Equipment (IMAHAKAC), Automotive Coolant & Refrigerant Circuit Components (Pumps/Valves/Reservoirs/Expansion Devices) (IMACALAE)

Keywords

• Heat exchanger manufacturing
• Industrial process equipment
• Pressure vessel fabrication
• Thermal engineering solutions
• Shell and tube exchangers

Headquarters

HQ city

Surat

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Heat Exchanger Sales: Manufacturing and sale of shell-and-tube heat exchangers (standard and customized), plate heat exchangers (gasketed and brazed), oil/air cooling units, electrical oil pre-heaters, process/static equipment, and storage equipment. Project-based business involving design, engineering, procurement, construction, and commissioning assistance.
2. Engineering and EPC Services: Total responsibility including design, detail, engineering, procurement, construction and assistance of commissioning of plants and fabricated equipment.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Funke Heatex Engineering India manufactures and supplies industrial heat exchangers (shell-and-tube, gasketed plate, brazed plate), oil/air cooling units, electrical oil pre-heaters, custom process/static pressure vessels, and storage equipment. The company provides total project responsibility from design, engineering, procurement, fabrication, construction, and commissioning assistance for industrial clients across chemical, petrochemical, pharmaceutical, power, HVAC, marine, and renewable energy sectors in India.

Product overview

Funke Heatex Engineering India is a joint venture between Funke Wärmetauscher Apparatebau GmbH (Germany, since 1974) and Heatex Industries Limited (India, since 1983), established in 2015. The company offers a comprehensive portfolio of heat transfer and pressure equipment, including Shell and Tube Heat Exchangers (standard, customized, and safety versions), Plate Heat Exchangers (gasketed and brazed variants), Oil-/Air Cooling Units (OKAN series), Electrical Oil Pre-heaters, Process/Static Equipment, and Storage Equipment. The products utilize German technology with thermodynamic optimization using HTRI and proprietary software, serving industries including chemical, petrochemical, pharmaceutical, food processing, HVAC, power plants, and renewable energy. Manufacturing facility spans 14,000 sq. meters with CNC equipment and 60 MT combined lifting capacity.

Differentiator

Problem solved

Functional benefit

Products and services

• Shell and Tube Heat Exchangers Pressure equipment where two media exchange heat through a bundle of tubes inside a shell, available in standard modular system series (BCF/BCP/CCF/CCP/SSCF/SSCP), customized configurations (up to 600 bar operating pressure, 6m diameter, 15m length), and safety versions with double tube bundles for media separation. Used in chemical, petrochemical, power, and process industries.
• Gasketed Plate Heat Exchangers Plate and frame heat exchangers with removable gaskets featuring FUNKE's unique Off-Set design with asymmetrical flow gaps achieving up to 17% higher performance per area than conventional designs. Heat exchange surfaces up to 2,000 sq meters with single and multiple-pass configurations. Used in HVAC, district heating, chemical, and process industries.
• Brazed Plate Heat Exchangers Compact brazed plate heat exchangers in TPL, GPL, and GPLK series with thermodynamically optimized corrugation. TPL series features FUNKE turbulence insert plates for high heat transfer at low pressure losses. Max 25-30 bar operating pressure, temperatures up to 350 degrees C. Used in refrigeration, HVAC, and process heating applications.
• OKAN Oil/Air Cooling Units Aluminium bar and plate construction oil/air coolers in OKAN 2.79 (13 sizes, up to 6.2 kW/K cooling capacity) and OKAN E (7 sizes, up to 1.9 kW/K) series. Used for cooling oils, hydraulic fluids, and emulsions using ambient air in mechanical engineering, hydraulics, automotive, and mobile applications.
• Electrical Oil Pre-heaters Electrical heating units for oil, heavy flame-resistant liquids, and emulsions. Heat capacity 3-100 kW, max operating pressure 16-25 bar, max temperature 80 degrees C (standard) or 200 degrees C (high temperature unit). Features bent heating rod elements in steel housing. Used in industrial machinery pre-heating applications.
• Process / Static Equipment Custom process equipment including pressure vessels and heat exchangers with diameter up to 6m, length up to 20m, weight up to 100 MT, design pressure up to 600 bar, and design temperature from -60 to 400 degrees C. Built to ASME and international codes for chemical, petrochemical, and process industries.
• Storage Equipment Industrial storage tanks handling materials including carbon steel, stainless steel, Inconel, Hastelloy, Titanium, and exotic materials. Maximum diameter 6m, length 20m, weight 100 MT, design pressure up to 600 bar, design temperature -60 to 400 degrees C. Used in chemical, petrochemical, and bulk storage applications.
• Safety Shell-and-Tube Heat Exchangers Three-chamber safety heat exchangers with double tube bundles that prevent media mixing. Features leak indication system with special sealing liquid and independent leakage detection. Patented design by company founder Karl-Heinz Funke. Used where media separation and leak detection are critical such as hazardous chemical and refrigerant applications.

Quantifiable outcome

• Up to 17% higher performance per area compared to conventional plate heat exchangers
• +3 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• Funke Warmetauscher Apparatebau GmbHcoreStrategic or Co-development Partner · 1 January 2015German parent company based in Gronau/Liene, Germany, involved in manufacturing and export of heat exchangers since 1974. Specializes in shell & tube, gasketed plate type, brazed plate, and fully welded Funke bloc heat exchangers. Annual turnover of INR 400 crore. Provides German technology expertise and brand to the JV.
• Heatex Industries LimitedcoreStrategic or Co-development Partner · 1 January 2015Indian manufacturing company involved in manufacturing of boilers, thermopacks, jet dying machines, tanks & silos, static equipment since 1983. Provides Indian manufacturing infrastructure and cost efficiency to the JV.
• Pooja GroupcoreStrategic or Co-development Partner · 1 January 2015Part of the Pooja Group involvement in the JV formation. Pooja Group combined with Heatex Industries and Funke Germany to form Funke Heatex Engineering India Pvt Ltd in 2015.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Barriquand: French manufacturer of plate heat exchangers, shell-and-tube exchangers, and process equipment for chemical, food, and energy applications. Similar mid-sized European heat exchanger specialist profile with comparable product range and industrial customer focus to Funke Heatex India.
• API Heat Transfer (formerly APV): Manufacturer of plate, shell-and-tube, and brazed plate heat exchangers plus air-cooled and process cooling equipment for industrial customers. Closely comparable in product mix (gasketed plate, brazed plate, shell-and-tube) and target industries (chemicals, power, HVAC, marine) to Funke Heatex India.
• SPX Heat Transfer (now part of SPX Technologies): Designs and manufactures heat exchangers including shell-and-tube, plate, and air-cooled units for process industries worldwide. Comparable in product category (industrial heat exchangers), end-market focus (refineries, chemicals, power), and project-based EPC-style delivery model.
• Sondex (now part of Danfoss): Plate heat exchanger manufacturer (gasketed and brazed) for HVAC, refrigeration, and industrial process applications, now part of Danfoss. Comparable product mix and customer segments to Funke Heatex India's plate heat exchanger business, including district heating and HVAC use cases.
• Kelvion: Germany-based heat exchanger specialist offering plate, shell-and-tube, and brazed plate heat exchangers for chemicals, oil & gas, power, and marine applications. Highly comparable product range and end-market focus to Funke Heatex India, including German engineering heritage similar to the Funke Germany parent.
• Danfoss (Heat Exchanger Division): Manufactures brazed plate heat exchangers and gasketed plate heat exchangers for HVAC, refrigeration, and industrial applications. Directly comparable to Funke Heatex India's brazed plate heat exchanger product line, especially for HVAC and process cooling customers.

Broad incumbents

• GEA Heat Exchangers: Part of GEA Group, this division supplies plate, shell-and-tube, and welded heat exchangers for food, dairy, chemicals, and HVAC applications. Comparable plate heat exchanger range and process-industry customer base; broader portfolio and far larger scale as an incumbent.
• Xylem (Bell & Gossett): Through Bell & Gossett and other brands, Xylem offers brazed and gasketed plate heat exchangers for HVAC, district heating, and industrial applications. Comparable in brazed plate heat exchanger technology and HVAC segment exposure; operates at much broader scale as an incumbent.
• Alfa Laval: Global leader in heat transfer, separation, and fluid handling, with a broad plate heat exchanger and shell-and-tube portfolio serving the same chemicals, refining, power, and HVAC end markets as Funke Heatex India. Comparable because both sell industrial plate and shell-and-tube heat exchangers to process industries; Alfa Laval is much larger and serves as the global benchmark.

Regional players

• Hisaka Works: Japan-based manufacturer of plate heat exchangers (gasketed and brazed) and process equipment, with a strong Asia-Pacific presence and expanding India footprint. Comparable in plate heat exchanger technology and process-industry targeting; primarily a regional player versus the global majors.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/heatexindustriespvtltd

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Funke Heatex Engineering India