Welspun Corp has received additional pipe orders of 103 KMT which will be serviced from India. Accordingly, the company's order book stands at 1,698 KMT valued at Rs 149 billion after considering the above additions and the execution up to April 2019.
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.
