DEE Development Engineers Ltd has secured a seamless pipe manufacturing contract worth ₹580 million. The order, awarded to its newly established plant in Anjar, Gujarat, marks the company’s first major supply deal in this segment. The contract strengthens DEE’s position in alloy steel seamless pipes and India’s industrial growth.
DEE Development Engineers Ltd announced that it has received a significant contract valued at ₹580 million for the manufacturing of alloy steel seamless pipes. The order will be executed at the company’s newly commissioned forged seamless pipe plant in Anjar, Gujarat. This marks DEE’s first major supply contract in the seamless pipe segment, reflecting its strategic expansion into advanced manufacturing.
The contract was awarded by a domestic joint venture between an Indian conglomerate and a foreign power sector major. Scheduled for completion by December 2026, the deal underscores DEE’s operational capabilities and its growing role in India’s industrial supply chain.
Key Highlights
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DEE Development Engineers secures ₹580 million seamless pipe contract
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Order to be executed at Anjar, Gujarat plant
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First major supply deal in seamless pipe manufacturing segment
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Contract awarded by domestic joint venture with foreign partner
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Completion scheduled by December 2026
Market Outlook
Industry experts note that this contract positions DEE Development Engineers strategically in the alloy steel seamless pipe market, which is witnessing rising demand from power, oil and gas, and infrastructure sectors. The deal is expected to enhance revenue visibility, strengthen DEE’s competitive edge, and contribute to India’s industrial growth momentum.
Sources: Business Standard, HDFC SKY News, Company Regulatory Filings