MAN Industries (India) Ltd Secures INR 400 Cr in New Pipe Orders

MAN Industries (India) Ltd, one of the leading Large Diameter API Pipe manufacturing companies, has announced its new order for pipes of approximately INR 400 Crore from domestic clients. The current unexecuted order book (as of October 3, 2023) stands at INR 1,600 Crore, to be executed within the next six months. The current year has been promising for the company with the opening of their ERW Pipes plant in Anjar, Gujarat. The plant also received the prestigious BIS and ISO Certifications, allowing the company to explore new avenues and forge strategic partnerships.

The Company holds a robust track record of profitability, dividends, and meeting financial commitments in the ever-evolving business landscape.

Dr RC Mansukhani, Chairman, MAN Industries (India) Ltd, commented, “The substantial growth of our order book solidifies our position as an industry leader and underscores the trust our clients have in our capabilities. At MAN Industries, we have always strived to surpass customer expectations by delivering high-quality products and outstanding service. We see these new orders as an opportunity to strengthen our business further and contribute to the growth and development of our nation.”

For more information: www.mangroup.com