Welspun Corp has received multiple orders of approximately 120 KMT valuing close to Rs 1,400 crore most of which will be executed from its facilities in India. This includes a significant and a very prestigious export order for a deep offshore pipeline project (of approximately 59 KMT) in Gulf-of-Mexico, USA.
This exhibits overall improvement in business sentiments, its strong customer connect, their confidence in its technical excellence and its execution capabilities. With these orders, the company's order book stands at 492 KMT valued at approximately Rs 4,700 crore, after considering execution up to August 2021.
Welspun Corp is the flagship company of Welspun Group, which is among the Largest Welded Line Pipe manufacturing companies in the world.
