Monday, November 6, 2023

MAN Industries (India) Ltd - Secures New Orders Worth INR 380 Crores For The Supply Of Pipes


MAN Industries (India) Ltd., one of the leading Large Diameter API Pipe manufacturing companies, has announced receiving new orders of approximately INR 380 Crores for the supply of Pipes.

The current unexecuted order book stands at INR 1,400 Crores, to be executed within the next six months. The current year has been promising for MAN Industries (India) Ltd. with the opening of their ERW Pipes plant in Anjar, Gujarat. The plant also received the prestigious BIS and ISO Certifications, and the API audit was successfully completed and closed, allowing the company to explore new avenues and forge strategic partnerships.

Commenting on the new order win, Dr. R.C. Mansukhani, Chairman, MAN Industries (India) Limited, said, “Securing these new orders is a clear reflection of the thriving business landscape, strengthening our position as an industry leader and emphasising the immense trust our clients place in our technological expertise and executional excellence. These new order wins further solidify our role as a significant contributor to our nation's growth and development.”

About MAN Group

MAN Industries (India) Ltd. is the flagship Company of Man Group, promoted by the Mansukhani Family in 1970. The Company is a part of the well-diversified MAN Group, growing under the dynamic leadership of Dr. R. C. Mansukhani. Starting as an Aluminium Extruder in 1988, MAN Industries has become one of the largest players in LSAW Pipes, Spirally Welded Pipes and Coating Systems.

It has state-of-the-art manufacturing facilities with a total combined capacity of 1.15 Million Metric Tonnes per annum for LSAW, HSAW and ERW Pipes. The ERW Pipes plant in Anjar, Gujarat, received the prestigious BIS and ISO Certifications, and the API audit was successfully completed and closed, allowing the company to explore new avenues and forge strategic partnerships.

It is dedicated to the highest Operating and Quality standards, environment protection and Occupational Health & Safety Standards and is accredited by ISO-9001, ISO 14001 & OHSAS 18001 certification. The shares of the Company are listed with the Bombay Stock Exchange and National Stock Exchange.

MAN Industries (India) Limited has been profit-making since its inception and is a consistent dividend-paying company. The Company holds an excellent track record of promptly meeting its financial obligations in a timely manner in the toughest market conditions.

No comments:

Total Pageviews