MAN Industries (India) Ltd receives new orders approximately worth INR 325 Crores

Chennai, November 29, 2021: Man Industries (India) Limited, one of India’s leading Large Diameter Pipe manufacturing companies, has announced today that the Company has received new orders approximately worth INR 325 crores for supply of pipes to the Oil & Gas sector. With this recent announcement, the order book now stands at approximately INR 1650 crores to be executed in six to seven months. These new orders reflect a robust business environment and showcases the trust customers have in the company’s technologies and execution capabilities.
 
On the new order announcement, Dr R. C. Mansukhani, Chairman, Man Industries (India) Limited, said, “The Pipeline sector is one of the key contributors to the economy. Our commitment to the industry demonstrates our proficiencies and our focus towards the Oil & Gas sector with support from significant government policies. With this new order, we are assured of building and contributing to the overall growth of the Indian economy.”
 
The company holds an impeccable track record of uninterrupted profitability, dividend and meeting all its financial commitments in the challenging and growing business environment.