Man Industries Signs MoU with Aramco Asia India for Saudi Manufacturing
Filing Summary
Man Industries (India) Limited has signed a Memorandum of Understanding (MoU) with Aramco Asia India Pvt. Ltd. The agreement, effective from November 19, 2025, is set for five years and focuses on exploring the establishment of a steel pipe manufacturing facility in Saudi Arabia. The MoU aims to enhance local manufacturing capabilities and support energy and infrastructure sectors in Saudi Arabia and the broader Middle East. This collaboration reflects a strategic effort to strengthen ties between India and Saudi Arabia in the energy sector.
Man Industries (India) Limited has entered into a Memorandum of Understanding (MoU) with Aramco Asia India Pvt. Ltd. The agreement was signed on November 19, 2025, and is effective immediately for a duration of five years. The MoU aims to explore the long-term supply of Man Industries’ product range and develop local manufacturing capabilities in the Kingdom of Saudi Arabia through Man Industries or its subsidiaries.
The financial terms of the MoU have not been disclosed in the filing. The agreement is non-binding, and both parties have agreed to treat the information as confidential, except where disclosure is required under applicable laws or regulations. The collaboration does not specify any immediate financial commitments or investments but focuses on strategic cooperation to explore potential opportunities.
The scope of the MoU includes exploring the establishment of a state-of-the-art steel pipe manufacturing facility in Saudi Arabia. This facility would be developed through Man Industries or its subsidiaries. The agreement also involves the joint development of advanced capabilities, technologies, and resources to support the energy, infrastructure, and industrial requirements of Saudi Arabia, the GCC, and the broader Middle East region. The focus is on leveraging Man Industries’ expertise in manufacturing API-grade large-diameter carbon steel pipes.
The MoU is part of a broader strategy to enhance cooperation between India and Saudi Arabia in the energy sector. It reflects the shared commitment of both organizations to strengthen their presence in the Middle East market. The collaboration is aligned with Saudi Arabia’s vision to enhance local manufacturing capabilities and reduce dependency on imports in the energy and infrastructure sectors.
The timeline for the MoU is set for five years, starting from November 19, 2025. During this period, both parties will explore various opportunities to establish manufacturing operations and enhance technological capabilities. The agreement involves Man Industries and Aramco Asia India Pvt. Ltd., a subsidiary of Saudi Aramco, which is one of the world’s largest integrated energy and petrochemical enterprises.
Aramco Asia India Pvt. Ltd. is focused on supporting localization, supply chain development, technology transfer, and sustainable industrial growth across key international markets, including India and the broader South Asia region. The collaboration with Man Industries is part of its strategy to enhance its footprint in the Middle East and support local manufacturing initiatives.
Man Industries (India) Limited specializes in manufacturing LSAW and HSAW line pipes, ductile iron pipes, and advanced coating systems. The company is an ISO 9001, ISO 14001, and ISO 45001 certified flagship company of the MAN Group. With world-class manufacturing facilities in India and exports to more than 30 countries, Man Industries is a trusted supplier to major oil and gas companies, EPC contractors, and infrastructure developers globally.