Man Industries, one of the leading pipe manufacturing company has bagged order worth Rs 800 crore from Middle East and domestic customers for supply of large diameter pipes for oil and gas sector. Out of this, the company has received confirmed financial arrangements for partial quantity and for remaining quantity the financial arrangements will be made by the clients in due course of time as the execution progress.
Following these new orders, the outstanding order book of the company stands at about Rs 1,800 crore. The said orders are to be executed over a period of next 12-185 months.
Man Industries is an ISO 9001/14001/18001 accredited company, is a leading manufacturer of SAW Pipes and coating system for high pressure Oil & Gas applications with a potential production capacity of approximately one million MT of SAW Pipes per annum.
