Welspun Corp secures $412.5 million HFIW pipe order, global order book hits record $4.7 billion
Mumbai, Sept. 25 -- Welspun Corp has secured a USD 412.5 million (around Rs 4,000 crore) order for High-Frequency Induction Welded (HFIW) pipes from its US subsidiary, taking its global order book to a record USD 4.7 billion (around Rs 45,000 crore), the company said in an exchange filing on Friday.
The order, described by the company as the largest in the history of Welspun Tubular LLC in terms of volume, length and value, will be executed during FY28 and FY29. The pipes will be manufactured at the newly upgraded HFIW mill at Little Rock, USA, which has enhanced capabilities.
The latest win comes after Welspun Corp disclosed a USD 1.8 billion (around Rs 17,200 crore) single order in August, also to be supplied from its US manufacturing...
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