Man Industries, one of the leading manufacturers of large diameter pipes in India, has has emerged as winner for a prestigious order from the Middle East for Rs 1,340 crore. The order will be completed in this financial year.
The company has also emerged as lowest bidder for the orders worth Rs 1,100 crore in domestic and international markets which will be awarded in near future. Apart from this, the company is planning to bid for projects worth Rs 5,000 crore for supply of pipes in domestic and international markets.
The company’s latest order book stands at around Rs 2,000 crore.