Welspun Corp Ltd has announced a double dose of good news for its pipe manufacturing business, securing a fresh export order in the oil and gas segment alongside additional domestic orders worth Rs 16 billion for its India-based line pipe facilities. The twin developments underscore the company’s growing dominance in global and national energy infrastructure.
Key highlights
- Welspun has received a new export order for high-grade oil and gas pipes, reinforcing its presence in international markets
- The company also confirmed additional orders valued at Rs 16 billion for its Indian line pipe facilities, signaling strong domestic demand
- These orders span both onshore and offshore applications, catering to energy transmission and industrial projects
Export momentum
- The export order will be executed from Welspun’s advanced manufacturing units, known for compliance with global standards and certifications
- The deal strengthens Welspun’s footprint in regions like the Middle East, North America, and Southeast Asia, where pipeline infrastructure is expanding rapidly
- It reflects the company’s ability to deliver large-scale, customized solutions for complex energy projects
Domestic surge
- The Rs 16 billion order book for India facilities includes supply commitments to oil marketing companies, gas grid developers, and infrastructure EPCs
- Welspun’s facilities in Gujarat and Maharashtra are expected to operate at high utilization levels through FY26
- The orders will support employment, logistics, and allied services across the supply chain
Sources: Business Standard, Financial Express, Welspun Corp Investor Filings, Moneycontrol