BMW Industries has received a new long term work order, renewing its existing arrangement for the company’s NH6 unit for Tubes manufacturing & associated services, which will be valid upto October 31, 2027. The contract value of the work order over the period of the contract is expected to be Rs 188.61 crore.
In addition to above, BMW Iron & Steel Industries, a 100% subsidiary, has received a new long term work order, renewing its existing arrangement for the company’s Adityapur unit for Tubes manufacturing & associated services, which will be valid upto October 31, 2027. The contract value of the work order over the period of the contract is expected to be Rs 176.09 crore.
BMW Industries is primarily engaged into manufacturing, processing and selling of steel products comprising of engineering and other products and services and activities related to the same.