New Delhi: MAN Industries (India) Limited, a manufacturer and exporter of large-diameter carbon steel line pipes, on Wednesday said it has secured an export order worth about ₹1,700 crore from a leading international client, taking its total unexecuted order book to a record ₹4,700 crore.
Exports contribute over 80 per cent of the order book, with the company actively bidding for projects worth over ₹15,000 crore across domestic and international markets, added the official press release.
The order entails supply of different types of coated pipes, including value-added SAW pipes with advanced coatings. The company said execution is expected within the next 6 to 12 months.
“We are confident of sustaining this momentum through the year and remain on track to deliver the guided 20 per cent topline growth for this fiscal,” said Nikhil Mansukhani, Managing Director, MAN Industries.
He added that the company’s expansion projects in Saudi Arabia and Jammu are progressing and will strengthen its global footprint, enable product diversification, and expand domestic capacity to meet rising demand.
