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Welspun Corp secures ₹1,300 crore US orders for coated HSAW pipes for natural gas pipelines. Cumulative US order value crosses ₹7,000 crore by Q3 FY25.
Welspun Corp has secured two new orders in the United States worth ₹1,300 crore for coated HSAW pipes. These orders, intended for natural gas pipeline projects, will be executed during FY26. With this, the cumulative value of orders received by Welspun Corp’s US plant till Q3 FY25 has surpassed ₹7,000 crore, demonstrating strong growth in the international market.
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Two new orders worth ₹1,300 crore have been secured for HSAW pipes.
Orders will be executed in FY26 for natural gas pipeline projects.
Cumulative US orders exceed ₹7,000 crore as of Q3 FY25.
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Welspun Corp recently bagged a ₹2,400 crore order in the US for coated HSAW pipes, scheduled for completion by FY26. The company also secured an order from the Middle East for coated LSAW pipes and bends. With these additions, the company's robust order book reflects its expanding footprint in both domestic and international markets.
Region | Order Value (₹ crore) | Execution Period |
United States | 1,300 | FY26 |
United States | 2,400 | FY24-FY26 |
Middle East | 1,348 | FY25-FY26 |
Welspun Corp remains optimistic about its US market prospects. It has participated in multiple projects and is favourably placed to secure additional orders. The company’s ongoing projects in India and the Middle East further consolidate its leadership in the pipe manufacturing sector.
Welspun Corp's new US orders underline its strong position in the pipe manufacturing industry. With cumulative US orders exceeding ₹7,000 crore by Q3 FY25, the company is poised for sustained growth. The Welspun Corp share price has gained 28.26% this year, reflecting market confidence in its strategic initiatives and expanding global footprint.
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