FilingReader Intelligence

Welspun Corp's US unit secures $715m in new pipe orders

October 30, 2025 at 03:39 AM UTCBy FilingReader AI

Welspun Corp Limited announced on October 30, 2025, that its US subsidiary received two substantial line pipe orders. These orders, valued at approximately $715 million, are for the supply of coated pipes to natural gas and NGL pipeline projects in the USA. This development provides the US facility with clear business visibility and operational continuity until FY28.

As a result of these new wins, Welspun Corp's consolidated order book has reached a record high of approximately Rs. 23,500 Crores. The company noted significant energy demand driven by data centers powering AI in the USA, which is creating additional opportunities for line pipe applications. These orders strengthen Welspun Corp's position as a reliable partner in these crucial value chains.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:WELCORPBombay Stock Exchange

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