Welspun Corp has been awarded a contract from a customer in MENA Region for supply of 392 K MTs pipes for a water project in MENA Region. With the addition of this order, the company has crossed coveted 1 million MT mark and has current order book of 1,082 K MTs worth Rs 6300 crore. This new pipe contract exhibit the continued confidence of its clients in the company.
Welspun Corp is currently in four businesses viz Line Pipes, Energy, Infrastructure & Steel and enjoys a global leadership position in the first two businesses. It may be recalled that Welspun Corp is already in advanced stages of demerging the parts of its business other than Line Pipes into Welspun Enterprises through a court process.