Man Industries bags Rs 950 crore order from Kuwait

Pipe manufacturer Man Industries (India) has bagged a Rs 950-crore order from Kuwait for the supply of 170,000 tonnes of large diameter pipes in both LSAW as well as HSAW segments. The order is scheduled for execution this fiscal. With the latest order, the order book stands at Rs 2,000 crore.

The company is bidding for projects worth $1 billion, both in the international and domestic markets. Further with the addition of a third HSAW production line at Anjar, Gujarat, the manufacturing capacity has gone up to one million tonnes, divided equally between HSAW and LSAW. The Anjar project could produce pipes up to 30 mm thickness in X-70 grade steel.