Welspun Corp has announced a significant achievement, with its consolidated global order book now exceeding ₹25,750 Crore (approximately US$ 2.7 billion). This milestone was bolstered by a new order worth approximately ₹960 Crore for the supply of Coated Line Pipes from its USA manufacturing facility. This substantial order book reflects robust revenue visibility and strong capacity utilization across its global manufacturing assets.
Record Order Book Achieved
Welspun Corp Limited has reached an unprecedented milestone, announcing that its consolidated global order book has crossed ₹25,750 Crore. This figure is approximately equivalent to US$ 2.7 billion and represents the strongest order book in the company’s history. This achievement underscores a robust revenue visibility and optimal capacity utilization across the company’s manufacturing facilities in both India and the USA.
New Order Bolsters Growth
The recent surge in the order book is significantly attributed to a new order valued at approximately ₹960 Crore. This order is for the supply of Coated Line Pipes, to be manufactured at Welspun Corp’s facility located in Little Rock, USA. The execution of this new order is scheduled for the FY27 and FY28 periods, providing a clear long-term growth trajectory and reinforcing the company’s expanding presence in the global pipeline infrastructure market.
Source: BSE
