Man Industries (India) Ltd has announced that it has received a new export order worth approximately Rs 1,700 crore for the supply of various types of coated pipes. The order, awarded by an international customer, is scheduled to be executed within the next 6 to 12 months.
With this, the company’s unexecuted order book now stands at around Rs 4,700 crore. The management said the development highlights the strong business environment and underscores customer confidence in the company’s technological expertise and execution capabilities.
The order is from an overseas entity, with no promoter or related-party involvement.