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Sunday, May 29, 2005

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Man Ind bags Rs 110-cr order

Our Bureau

MUMBAI: Man Industries (India) Ltd has bagged orders worth Rs 110 crore for supply of steel line pipes for oil and gas projects in the US and Iran.

The company has a delivery time of six months for the US order and eight months for the Iran order.

The company's book position stands at around Rs 1,000 crore with these orders.

"This order gives us an opportunity to tap the US markets which will help us grow our business," the company said in a news release.

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