CS India bags Rs175 crore order from two shipyards
The establishment of this new unit is unique for the maritime industry as CIG is the only player to pre-process steel plates for ship kits and construction industry.
Dutch steel major Central Industry Group's wholly owned subsidiary, CS India Steel has bagged orders worth Rs175 crore from Tebma and Bharati Shipyards, a top official said.
"We have bagged orders from leading Shipyards – Tebma and Bharati. The company's total order book stands at Rs175 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 commissioned 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.
Established in 1973, CIG has factories in northern Europe as well as ventures in Shanghai and St Petersburg.
Besides shipbuilding, CIG also delivers steel and aluminium for high profile architectural projects, he said.
These include Millennium Towers and Cricket Media Center in London, the Sidra Trees flyover in Doha, the flyover across the new Formula 1 circuit in Abu Dhabi, and the Memorial Guggenheimim museum in New York.