Man Industries bags Rs 510 cr export orders

Man Industries India Ltd, one of the leading large diameter pipe manufacturing company, has received orders worth Rs 510 crore from international market for oil & gas sector.
 
With these new orders, the outstanding executable order book as on date stands at approximately Rs 1300 crores. The new order intake will result in significant improvement in performance of Man Industries in the current financial year.
 
“The company has outstanding bids over $2 billion at various stages of evaluation for several other oil, gas and water projects in India and abroad. The company, therefore, expects goo order inflow in near future from the outstanding bids which are at various levels of evaluation by the clients,” said Man Industries in a press release.
 
Man Industries India Ltd, a member of the Man Group of India, is a leading manufacturer and exporter of large diameter carbon steel line pipes for various high pressure transmission applications in industries such as gas, crude oil, petrochemicals and potable water. The company has state-of-the-art manufacturing facilities for LSAW & HSAW line pipes and also for various types of anti-corrosion coating systems.