Welspun Corp Bags ₹4,000 Crore US Pipe Order

Welspun Corp’s US subsidiary, Welspun Tubular LLC, has secured a $412.5 million (about ₹4,000 crore) order to supply High-Frequency Induction Welded (HFIW) pipes. The contract will be executed during FY28 and FY29 and takes the company’s global order book to a record $4.7 billion, or around ₹45,000 crore.

Around 10:25 AM on Friday, Welspun Corp shares were trading at ₹2,786, up 3.49% on the National Stock Exchange (NSE).

What Does The Order Mean For Welspun Corp?

The latest contract comes as investments in energy infrastructure and industrial projects support demand for steel pipes. HFIW pipes are used across applications such as oil and gas, water and other pipeline projects.

The pipes will be manufactured at Welspun Tubular’s newly upgraded HFIW mill in Little Rock, Arkansas. According to the company, the contract is the US unit’s largest order so far in terms of volume, length and value.

Welspun Corp said the order highlights the scale and execution capabilities of its operations in the US. The company has been expanding its manufacturing capacity in North America to serve customers involved in LNG, oil and gas, power and hydrogen-related projects.

The order also follows a $1.8 billion pipe supply contract secured by Welspun in August. That deal was described as a record order for the company and further strengthened its presence in the North American market.

Welspun Corp’s Order Book Reaches Record Level

With the latest contract, Welspun Corp’s global order book has reached ₹45,000 crore, its highest level so far. The company said the growing order book supports its strategy of expanding manufacturing capacity and building longer-term relationships with international customers.

Earlier this month, Welspun Corp’s associate company East Pipes Integrated Company signed a contract with Saudi Aramco worth more than 771 million Saudi riyals, or around ₹2,000 crore, including value-added tax. The six-month contract covers the manufacturing and supply of steel pipes in Saudi Arabia.

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