Man Industries gets orders of Rs 500 cr

Man Industries (India) Limited announced on March 22 that it has received new orders worth approx. Rs. 500 crore in both domestic and export markets of oil and gas as well as water segments. These orders are meant to be executed in six months.

With these orders, Man Industries’ order book now stands at approx. Rs 1,250 crore, said a press release.

The company, it said, has seen a strong growth trajectory with the addition of these orders and has successfully navigated the pandemic which has otherwise badly disrupted other sectors and industries.

RC Mansukhani, Chairman, Man Industries (India) Limited, said, “We continue to demonstrate great value and customer confidence which is reflective in the faith that they continue to bestow upon us. By bagging the new orders we are ensuring that we continue to contribute to the overall growth of the economy especially when India is focusing on the expansion of its pipeline network for oil and gas as well as water. These orders reflect company’s strong leadership position in the pipeline business and showcase the trust customers have in our technological and executional capabilities.”