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Man Industries Secures ₹490 Cr Orders

Industry

Man Industries Secures ₹490 Cr Orders

Leading Indian supplier of steel line pipes for the gas, oil and water distribution industries, Man Industries, has announced fresh orders totaling 490 crores from both local and foreign customers. With delivery expected in the following six months, these orders bring the company’s order book up to about ₹2,600 crores, of which about ₹1,800 crores are for export. Remarkably, since the beginning of 2024, ₹1,970 crores worth of orders have been received.

“The start of the year is proving to be exceptionally strong for Man Industries, highlighted by the multiple orders totaling ₹1,970 crores,” said Nikhil Mansukhani, Managing Director of Man Industries. These demonstrate our unwavering commitment to providing high-quality products on schedule. We anticipate that this momentum will keep up all year long.”

The new orders cover a range of steel pipe grades for domestic and international oil, gas and water transportation projects. Along with opening doors in the renewable energy sector, Man Industries’ recent foray into the specialised hydrogen transportation pipelines industry is consistent with the company’s global commitment to energy independence and zero-emission projects. Accredited by a reputable European testing body, the company is among the first in India to be qualified for hydrogen transportation pipes.

Man Industries Secures ₹490 Crore Orders, Strengthening Pipeline Business

Man Industries (India) Ltd, a leading manufacturer of large-diameter pipes, has secured fresh orders worth ₹490 crore, further strengthening its position in the pipeline infrastructure sector. The company, known for its expertise in supplying pipes for oil, gas, and water projects, continues to expand its order book amid rising demand for infrastructure development.

The newly acquired orders include domestic and international contracts across key sectors such as oil and gas, water supply, and city gas distribution. This development reinforces Man Industries’ robust capabilities in executing large-scale projects while catering to the growing pipeline needs of both public and private sector clients.

With the latest order win, the company’s total order book stands at a healthy level, reflecting sustained business momentum. Industry analysts believe that India’s increasing focus on energy security, water resource management, and urban infrastructure development is driving strong demand for pipeline solutions, positioning Man Industries for continued growth.

Man Industries has consistently invested in capacity expansion, technological advancements, and sustainability initiatives to enhance its competitive edge. The company remains optimistic about future growth opportunities, supported by government policies promoting infrastructure and energy projects.

As the pipeline sector experiences a surge in activity, Man Industries’ latest order win reaffirms its reputation as a trusted player in the industry. The company aims to leverage its expertise and strong execution capabilities to capitalize on emerging opportunities, further boosting its financial performance in the coming quarters.

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