MAN Industries’ order book stand at Rs 2000 Cr after bagging order worth Rs 1300 Cr

Home
Industry News
MAN Industries’ order book stand at Rs 2000 Cr after bagging order worth Rs 1300 Cr

MAN Industries’ order book stand at Rs 2000 Cr after bagging order worth Rs 1300 Cr

Industry News
Mar 20,23

Man Industries (India) Limited announces that it bagged an order for INR 1300 crore for the supply of API high-grade large diameter carbon steel pipes along with coating.

MAN Industries’ order book stand at Rs 2000 Cr after bagging order worth Rs 1300 Cr

One of India's top producers of large-diameter pipes, Man Industries (India) Limited, stated that it has received a new export order worth over INR 1300 crore for the procurement of API high-quality large-diameter carbon steel pipes and coating.

With this most recent announcement, the Order Book stands at approximately INR 2000 crore which will be completed in six to eight months. This new order demonstrates the positive business climate and the confidence that customers have in Man Industries' state-of-the-art technologies, domain knowledge, and execution skills.

On the new Export order announcement, Rameshchandra Mansukhani, Chairman, Man Industries (India) Limited, said, “Winning this export order has given us an opportunity to implement decades of our experience and contribute to the country’s economic growth. With the support of our well-qualified employees, we aim to deliver the order within the timeline and further strengthen our position in the competitive market space.”

The Company holds an impeccable track record of uninterrupted profitability, dividend and meeting all its financial commitments in the challenging and growing business environment.