New Delhi, Aug. 17 -- Geopolitical tensions in West Asia are prompting countries to look for safer ways to move oil and gas from the energy-rich region, bringing focus on new and expanded pipelines to bypass vulnerable maritime routes. This is opening up opportunities for India's steel pipe makers, with Welspun Corp, Jindal Saw, Man Industries and Ratnamani Metals ramping up presence in the region to tap the global demand for steel pipes and tubes used in oil and gas transportation, water infrastructure and city gas distribution.

Welspun's management, in its Q1FY27 earnings call, said its outlook for the Saudi Arabia market is very encouraging, with strong demand expected to build up. "Recent geopolitical developments are further support...