Man Industries (India) Limited – a large diameter pipe manufacturing company – has announced today that the company has received new orders of approx. Rs. 250 crores for the oil and gas sector, from GAIL and a few others. This order is 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.”