Indian pipe manufacturer Man Industries (India) Limited has received new orders worth approximately $63 million from customers in India and international markets. The contracts cover the supply of various types of pipes and are scheduled for execution over the next six to nine months.
Following the latest awards, the company’s total unexecuted order book stands at approximately $428 million, providing a substantial workload for its pipe manufacturing operations.
Domestic and international demand supports order book
The new contracts have been placed by both domestic and overseas customers. According to the company, the orders reflect continued demand for its pipe products and customer confidence in its technological and project execution capabilities.
Man Industries did not disclose details of the individual customers, pipe dimensions or specific applications covered by the contracts. The company confirmed, however, that the orders do not involve related-party transactions.
The latest awards further strengthen Man Industries’ order backlog and underline the importance of both the Indian and international markets for the company’s pipe business.