Business Update25 Sept 2026, 08:30 am
Welspun Corp Secures Record USD 412.5M Pipe Order
AI Summary
Welspun Corp's wholly-owned subsidiary in the USA, Welspun Tubular LLC, has secured its largest-ever order for High-Frequency Induction Welded (HFIW) pipes. The order is valued at approximately USD 412.5 million (around ₹4,000 crore) and will be supplied from the company's upgraded facility in Little Rock, USA. The execution of this order is scheduled for FY28 and FY29. This significant contract boosts Welspun Corp's global order book to a historic high of USD 4.7 billion (approximately ₹45,000 crore), underscoring its manufacturing capabilities and strategic expansion.
Key Highlights
- Secured largest-ever HFIW pipe order valued at USD 412.5 million.
- Order to be supplied from upgraded USA manufacturing facility.
- Execution planned for FY28 and FY29.
- Global order book reaches record USD 4.7 billion.
- Highlights company's scale, quality, and expansion strategy.
Price Impact
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