Indsur Group has won an order worth Rs 150mn for supplying 2000 MT spiral steel pipes in the US market. IndsurStelcor, a group company of Indsurin the United States of America, will execute the order in the next year. With this order, the Group has made its foray into a highly competitive spiral pipe market in the United States of America.
These pipes will be manufactured as Per API and other international manufacturing standards. Over the pastthree months,Indsur has alreadysupplied various types of API Grade Line Pipes valued at over $ 5 million. Indsur expect to grow in US spiral pipe market in a big way in the coming years and with the above order on hand, it has established its presence in the segment.
It is important to note that the final buyers of these pipes are high profile Fortune 500Oil & Gas companies. IndsurStelcor is one of the few companies which are approved suppliers to various oil &gas companies across theglobe.
IndsurGroup is a leading global manufacturer of steel castings which are used in the power sector.With two plants, one in Gujarat and another in Sichuan province of China, Indsur Group is the largest manufacturer of Insulatorcastings and supplies to many major insulator manufacturers worldwide. It isone of the few Indian groupsto havea presence in the manufacturing sectorin China employing over 350 people. The Group has also entered into the auto components sectorrecently and acquired the gear division of PremiumTransmission, a Karan Thapar group company