Welspun Corp Ltd., the flagship Company of the $ 3.5 billion Welspun Group and the 2nd largest line pipe company in the World has won Pipes and Plates orders worth Rs. 20.70bn (242K MT of Pipes and 5K MT of Plates) from international and domestic markets.

With the addition of these orders, the current order book of the company stands at Rs. 74.47bn (approx 1,029K MT for pipes, and external plate orders of 54K MT) without excluding the order being executed in the current quarter. Over and above, Welspun has internal plate orders of 85K MT valued at Rs. 3.11bn.

Commenting on the receipt of the new order, B.K. Goenka, Chairman, Welspun said, “Such large prestigious orders in the beginning of the new financial year puts Welspun in an unprecedented and coveted order book position of 1 million ton. This demonstrates Welspun’s Leadership position in challenging market conditions through correct market positioning and capabilities.”

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