Deals29 Jul 2025, 11:57 am
Welspun Corp Upsizes Existing Coated Spiral Pipe Order by Rs 735 Crore in USA
AI Summary
Welspun Corp Ltd has announced the upsizing of an existing coated spiral pipe order from 36” to 42” for its Little Rock facility in the USA. This upsizing has increased the overall value of the order by approximately Rs 735 Crore. The company's consolidated order book now stands at approximately Rs. 19,000 Crores. The execution of these orders will primarily take place during FY26 and FY27. This win further solidifies Welspun's leading and dominant market share in the USA O&G transmission space. The company remains optimistic about the USA market for the next few years and is well-positioned to capitalize on upcoming opportunities.
Key Highlights
- Welspun Corp upsizes existing coated spiral pipe order by Rs 735 Crore for its USA facility
- The upsizing increases the company's consolidated order book to approximately Rs. 19,000 Crores
- The execution of these orders is expected during FY26 and FY27
- This win strengthens Welspun's leading market share in the USA O&G transmission space
- The company remains positive about the USA market for the next few years