PTI reported that Dutch steel major Central Industry Group's wholly owned subsidiary, CS India Steel has bagged orders worth INR 175 crore from Tebma and Bharati Shipyards.

Mr Alfred Tuinman MD of CS India Steel told PTI that "We have bagged orders from leading Shipyards Tebma and Bharati. The company's total order book stands at INR 175 crore.”

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

Central Industry Group 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.

(Sourced from PTI)