Man Industries (India) Limited revealed securing contracts valued at around ₹525 crore for the provision of various pipe types. The total backlog of unexecuted orders amounted to roughly ₹1600 crore, slated for completion within 6-7 months.
Within a single quarter, the company received orders worth ₹925 crore. Earlier in January 2024, the company had announced a ₹400 crore order for multiple grades of steel pipes across various projects.
As reported by Financial Express, in November 2023, Man Industries reported acquiring orders valued at about ₹380 crore. The year 2023 marked significant milestones for the company, including the inauguration of their ERW Pipes plant in Anjar, Gujarat, and the attainment of BIS and ISO Certifications.
