Man Industries bags order of Rs 490 crore to supply pipes – ET Infra

MUMBAI: Man Industries, a manufacturer of steel pipes, announced on Wednesday that it had secured a Rs 490 crore order from both domestic and foreign customers, and delivery expected to take place within the next six months.

Man Industries Managing Director Nikhil Mansukhani said, “The start of the year is proving exceptionally strong. We expect the momentum to continue.”

The orders are for different kinds of steel pipes for water transportation and oil and gas projects from both domestic and foreign sources.

Man Industries (India) Ltd. is a multinational pipeline company that specializes in producing submerged arc welded carbon steel pipes with enormous diameters.

With this recent win, the order book stands at approximately Rs 2,600 crore, the business said in a statement. Last week, the company released a statement about getting an overseas order worth 505 crore, which is for the supply of various types of pipes.

  • Published On May 29, 2024 at 06:47 PM IST

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