Welspun Corp has announced the receipt of line pipe orders, both in India and the USA, cumulatively valued at approximately 2,039 Crores since their last disclosure on February 6, 2024. The new orders in the USA not only ensure business continuity until Q2 FY25 but also reaffirm their dominant position in the USA onshore gas transmission sector.
Moreover, among the orders in India, one involves supplying to the USA offshore, further affirming Welspun Corp’s technical excellence and the trust customers have in them to execute critical projects, especially in the challenging and demanding Gulf of Mexico environment.
The execution of these orders is expected to primarily occur during FY25.