Welspun Corp has bagged orders including a large oil & gas order for supply of 124 K MTs pipes. With the addition of these orders, the company has current order book of 1,198 K MTs valued at Rs 7,400 crore.
Recently, the company had received an order from a customer in India for supply of 57K MTs pipes for a water project in India.
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.
