Man Industries Secures ₹490 Cr Orders

Man Industries, a leading Indian steel line pipe provider for the oil, gas, and water distribution sectors, has announced new orders worth ₹490 crores from both domestic and international clients. These orders, scheduled for delivery within the next six months, increase the company's order book to approximately ₹2,600 crores, with around ₹1,800 crores comprising export orders. Notably, ₹1,970 crores of the orders have been received since the start of 2024.

Nikhil Mansukhani, Managing Director of Man Industries, commented, "The start of the year is proving exceptionally strong for Man Industries, highlighted by the multiple orders totalling ₹1,970 crores. These are a testament to our steadfast focus on delivering product excellence and timely deliveries. We expect this momentum to continue throughout the year."

The new orders encompass various grades of steel pipes for oil, gas, and water transport projects, both domestically and internationally. Man Industries' recent venture into specialized hydrogen transportation pipelines has also opened opportunities in the renewable energy market, aligning with the company's commitment to zero-emission and energy independence projects globally. The company is among the first in India to be qualified for hydrogen transportation pipes, accredited by a reputed European testing agency.