‘It’s the most exciting thing I’ve ever done’: Indian pipemaker sets sights on $1 billion pipe market

India’s pipesmiths are set to be among the first to get their hands on the world’s biggest pipe market after it was revealed a pipe maker in the country had set its sights on the lucrative $1bn pipe market.

Indian pipe maker Indilipipes Ltd.

is expected to begin producing pipe in 2019 and will have a market share of nearly 30 per cent by the end of 2019, according to Reuters.

The pipe maker will be a major player in the global market for pipes and pipes-related products.

Indilipips chairman Prashant Bhushan said that the company was set to sell a total of more than $2bn worth of pipes in 2019, and that the pipe market is growing at an impressive pace.

Indilkips chief executive, Sunil Khandelwal, said the company had set out to make pipes with the best quality, a commitment to ensure its customers receive the best possible products at the best prices, and to be a supplier of the highest quality to the Indian consumer.

He said the pipe business is the fastest growing sector in India and would continue to grow in the years ahead.

“We are committed to continue to deliver innovative, innovative products that deliver the highest possible quality and that deliver quality and value for money,” he said.

The company is looking to expand its presence in other markets, including the Middle East and Africa, in a bid to tap into a growing global market that has grown rapidly in the last few years.

Indils pipe will be manufactured in China, where it will make up to $1,000 per pipe, and India’s pipe industry has seen a surge in growth since the Brexit vote.

In 2016, pipe makers across the globe saw a $2.3bn boom, with Chinese demand for pipes outpacing the Indian market, according the Global Pipe Growth Report.

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