Stories
Welspun Corp's Order Book Soars to ₹45,000 Crore, Driven by US and Saudi Growth
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CNBC TV18•28-09-2026, 11:54
Welspun Corp's Order Book Soars to ₹45,000 Crore, Driven by US and Saudi Growth
- •Welspun Corp's order book has reached nearly ₹45,000 crore, with visibility extending up to 2029-30, signaling strong growth prospects.
- •The company secured a significant ₹4,000 crore HFIW pipe order in the US for a refined product pipeline from Texas to Arizona and California.
- •Welspun Corp is expanding its US capacity to 1 million tonnes through debottlenecking and optimizing its new HFIW mill, which produces pipes up to 24-inch diameter.
- •In Saudi Arabia, the EPIC joint venture secured 70-75% of a recent pipeline infrastructure order, with discussions ongoing for additional projects.
- •Welspun Corp is establishing two new facilities in Saudi Arabia for longitudinal welded and ductile iron pipes, expected to be operational by the end of the current quarter, and sees emerging opportunities in the US data center segment.
Key Questions Answered
Welspun Corp's overall order book stands at nearly ₹45,000 crore, with extended visibility lasting up to the 2029-30 financial years.
The company currently operates at an effective capacity of around 700,000 to 800,000 tonnes in the US, with plans to scale it up to approximately 1 million tonnes through optimization.
Welspun Corp is seeing emerging pipeline requirements linked to the US data centre segment, which involves upcoming needs for new pipelines, reconnections, and rerouting over the next two to three years.
