Welspun Corp gains after US arm bags Rs 4000-cr HFIW pipe order
Mumbai, Sept. 25 -- The company said the order is the largest in its history in terms of volume, length and value.
The pipes will be manufactured at Welspun Tubular's newly upgraded HFIW mill in Little Rock, USA, which has enhanced manufacturing capabilities. The order is scheduled to be executed during FY28 and FY29.
Following the order win, Welspun Corp's global order book reached a record $4.7 billion, or around Rs 45,000 crore, the highest level in the company's history.
Welspun Corp has a diversified portfolio spanning line pipes, ductile iron pipes, stainless steel bars, pipes and tubes, and TMT rebars. It also houses Sintex, a brand focused on water storage tanks and advanced plastic piping solutions. The company serves custome...
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