Welspun Corp Bags USD 715 Mn US Orders
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Welspun Corp''s US subsidiary secures USD 715 mn orders for coated pipes in the USA. Order book at record high. Business visibility till FY28.
New Delhi, Oct 30 (PTI) Welspun Corp on Thursday said its US-based subsidiary has bagged two new orders for the supply of coated pipes for Natural Gas and NGL Pipeline Projects in the USA valued at around USD 715 million.
In a regulatory filing, Welspun Corp said, "With this, our US facility now has a clear business visibility and continuity till FY28".
The company's consolidated order book stood at a record high of Rs 23,500 crore.
The company is witnessing a significant energy demand for Data Centres powering AI in the USA, creating additional opportunities for Line Pipe applications.
"These wins position us as a reliable partner in these value chains," it said.
Homegrown Welspun Corp is the flagship company of Welspun World, with a diverse business portfolio in pipe solutions and building materials.
Welspun Corp is among the top three manufacturers of large-diameter pipes globally and has established a global footprint across six continents and 50+ countries by delivering key customised solutions for both onshore and offshore applications.
The company also manufactures ductile iron (DI) pipes and stainless steel pipes, tubes and bars.
In a regulatory filing, Welspun Corp said, "With this, our US facility now has a clear business visibility and continuity till FY28".
The company's consolidated order book stood at a record high of Rs 23,500 crore.
The company is witnessing a significant energy demand for Data Centres powering AI in the USA, creating additional opportunities for Line Pipe applications.
"These wins position us as a reliable partner in these value chains," it said.
Homegrown Welspun Corp is the flagship company of Welspun World, with a diverse business portfolio in pipe solutions and building materials.
Welspun Corp is among the top three manufacturers of large-diameter pipes globally and has established a global footprint across six continents and 50+ countries by delivering key customised solutions for both onshore and offshore applications.
The company also manufactures ductile iron (DI) pipes and stainless steel pipes, tubes and bars.
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