MAN Industries (India) Limited, a pioneer in pipe manufacturing and infrastructure solutions, announces the inauguration of its newly installed Spiral Mill for narrow range pipes and an advanced Polyurethane (PU) Coating Facility (and 3 Layer Polyethylene (3 LPE) in progress) at its state-of-the-art manufacturing plant in Pithampur, Madhya Pradesh. With an investment of approximately Rs. 100 crores, the facility has successfully increased its capacity by an additional 50,000 TPA, expanding its total annual production capacity from 100,000 TPA to 150,000 TPA, significantly enhancing the company's manufacturing capabilities.
The new facility marks a significant expansion of MAN Industries' production capabilities, enabling the company to manufacture pipes ranging from 12" to 120" in diameter, enhanced from the previous range of 28" to 120". This enhancement will allow the company to cater to the increasing demand for highquality narrow-range pipes required in critical sectors such as oil & gas, water transmission, and infrastructure development. The inauguration ceremony was graced by the presence of Shri Kailash Vijayvargiya, Hon'ble Cabinet Minister, Urban Development and Housing, Parliamentary Affairs along with Shri Shankar Lalwani, Hon'ble Member of Parliament and Shri Tulsi Ram Silawat, Hon'ble Cabinet Minister as the Chief Guests, along with distinguished bankers, customers, vendors, and senior management from the industry.
The newly built Spiral Mill is designed to meet the highest industry standards, ensuring precision, strength, and reliability in high-pressure pipeline transmission systems. The advanced PU & 3 LPE Coating Facility will further reinforce pipe durability, enhancing corrosion resistance and longevity, making them suitable for diverse environmental conditions. This investment aligns with MAN Industries' commitment to technological innovation, sustainability, and superior product quality. The new mill and coating facility will increase production efficiency, reduce turnaround time, and strengthen the company's position as a preferred supplier for major infrastructure projects across India and globally. Additionally, MAN Industries is progressing with its Saudi and Jammu plants, reinforcing its commitment to expanding its global footprint and enhancing its production capabilities across key regions.
"As the energy and infrastructure landscape continues to evolve, we at MAN Industries remain dedicated to staying at the forefront of innovation," said Nikhil Mansukhani, Managing Director of MAN Industries. "The introduction of our new Spiral Mill and Coating Facility marks a major step forward in our ability to serve the industry with precision-engineered, high-quality products. This expansion not only strengthens our capabilities but also reinforces our long-standing commitment to delivering worldclass infrastructure solutions."
With this latest expansion, MAN Industries is well-positioned to support India's growing infrastructure, energy, and water management sectors. The company continues to invest in cutting-edge technology, sustainable manufacturing processes, and strategic capacity enhancements, ensuring it remains a leader in the global pipeline industry.
Shares of Man Industries (India) Limited was last trading in BSE at Rs. 266.15 as compared to the previous close of Rs. 272.75. The total number of shares traded during the day was 16618 in over 765 trades.
The stock hit an intraday high of Rs. 275.20 and intraday low of 263.80. The net turnover during the day was Rs. 4474952.00. |
