CS India bags Rs 175 cr order from two shipyards

Dutch steel major Central Industry Group's wholly owned subsidiary, CS India Steel has bagged orders worth Rs 175 crore from Tebma and Bharati Shipyards, a top official said.

Dutch steel major Central Industry Group's wholly owned subsidiary, CS India Steel has bagged orders worth Rs 175 crore from Tebma and Bharati Shipyards, a top official said.

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"We have bagged orders from leading Shipyards -- Tebma and Bharati. The company's total order book stands at Rs 175 crore," CS India Steel's Managing Director, Alfred Tuinman told PTI.

CIG is a global leader in manufacturing preprocessed ship kits and has a state-of-the-art manufacturing unit at Udupi and Mangalore, which was commissioning in April last.

"The establishment of this new unit is unique for the maritime industry in India as CIG is the only player in the country to pre-process steel plates for ship kits and construction industry," he said.

CS India has entered into a contract with Tebma Shipyards for the supply of pre-processed steel products, like cold formed plates, he said.