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MAN Industries Bags Kuwait Order
DUBAI - MAN Industries (India) Limited, one of the leading large diameter pipe manufacturing companies in the country, won an order worth Rs950 crore from Kuwait for supplying 170000 tonnes of pipes.
The order has to be executed in the current financial year.
Commenting on the orders J. C. Mansukhani, Vice-chairman and Managing Director, MAN Industries (India) Ltd, said: “Winning such a huge order is a matter of great prestige for the company. It is a reinforcement of the promising prospects this year of the infrastructure sector. We are confident that the company would be able to execute the order on schedule.”
The company is in the bidding stage for many projects, both in the International and domestic market for supplying pipes worth $1 billion. With the latest order of Rs950 crore, MAN’s total order book currently stands at about Rs2000 crore as on date.
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