MAN Industries (India) Limited, one of the leading Large
Diameter Pipe manufacturing companies in the country, announced their securing orders worth Rs 1200 crores from various international and domestic customers including GAIL or its DBPL project. These orders are for supply of approx. 200000 Tons of Large Diameter pipes in both LSAW as well as HSAW segments.
These prestigious orders have been bagged by the company in the face of stiff international bidding.
With the latest orders of approx. Rs 1200 crore, MAN Industries (India) Ltd's total order book stands at about Rs 2500 crores as on date.
These orders are to be executed over a period of next 12 months.
Commenting on the orders Mr. R. C. Mansukhani, Chairman, MAN Industries (India)Ltd said, “it is a matter of great satisfaction for the company that despite tough competition it continues to procure sizable orders from domestic as well as international clients. It is a sign of strong faith of customers and revival of investment climate globally in the oil and gas sector as more and more countries are looking for energy security.”
About MAN Group
MAN Industries (India) Ltd., an ISO 9001 / 14001 / 18001 accredited Company, is a leading manufacturer of SAW Pipes (Line Pipes) and Coating Systems for high-pressure
Oil & Gas applications with a potential production capacity of approximately one million
MT of SAW pipes per annum.
The Company is a part of the well diversified MAN Group, growing under the able
leadership of Shri. R. C. Mansukhani and Shri J C Mansukhani starting as Aluminum
Extruder in 1988, MAN Industries has now become a large player in SAW Pipes. It is
also a significant sized player in Spirally Welded Pipes and Coating Systems. MAN
Industries operations are spread across globally with offices in U.K. and U.A.E. besides
India.
The shares of the Company are listed with Bombay Stock Exchange and National Stock
Exchange and the GDRs of the Company are listed with NASDAQ Dubai Limited.
For more details please contact:
Adfactors PR (022 22813565)
Dattu Hegde (9820295646)
MP Joshi (93232 55690)
Chetan Pandit (9833379935)
