MAN Industries Secures ₹1,850 Cr Order for Offshore LNG Project

MAN Industries has secured a prestigious order worth ₹1,850 crores from a top-tier international oil and gas company. This significant order involves the supply of API 5L grade line pipes for an offshore LNG project, with deliveries scheduled over the next 12 to 18 months.

This achievement underscores MAN Industries' market credibility and strengthens its order book, which now surpasses ₹4,000 crores, with exports contributing nearly ₹3,650 crores. The company will supply high-value-added SAW pipes, enhancing its competitive edge with strong EBITDA margins. MAN Industries is also actively bidding for approximately USD 1.5 billion worth of line pipe projects for upcoming domestic and international ventures.