MAN Industries gets orders worth Rs. 525 cr

September 12, 2013 10:46 am

MAN Industries (India) Ltd., one of the leading pipe manufacturing companies, has received new orders worth about `525 crore from domestic and Middle-East companies for supply of large diameter pipes for oil and gas sector. With these new orders, its outstanding order book stands at `1,025 crore. The orders are to be executed over a period of next 6 to 9 months.In addition, the company has outstanding bids over Rs. 5,000 crore at various stages of evaluation for several other oil, gas and water projects in India and abroad.