MUMBAI: Man Industries (India) Limited, one of the leading Large Diameter Pipe manufacturing companies has announced today that the company has received a new order of approx. Rs. 250 crores for Oil and Gas segment from GAIL and a few others. This order is meant to be executed within five months.
On the new order announcement, Dr. R. C. Mansukhani, Chairman, Man Industries (India) Limited said, “India is focusing on the gas-based economy and the goal of ‘One Nation, One Gas Grid’ has increased the importance of the use of pipelines. Oil and Gas is a growing sector and is equally significant for any economy. By bagging the new order we are ensuring that we are a part of the overall growth of the economy.”
The company holds an impeccable track record of uninterrupted profitability, dividend, and meeting all its financial obligations in the toughest business environment.
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