Welspun Corp Limited has announced the receipt of two additional large orders from the United States for the supply of HSAW (Helical Submerged Arc Welded) and HFIW (High-Frequency Induction Welded) coated pipes for Natural Gas Pipeline Projects. With these new orders, the cumulative order value for the company’s USA plant has now exceeded Rs. 7,000 Crore for the third quarter of FY25.
These significant orders are expected to be executed during FY25 and FY26, further consolidating Welspun’s position as a leading player in the US oil and gas transmission sector. The company also expressed optimism about its outlook for the US market, expecting continued growth and new opportunities in the coming years.
The company has successfully built a dominant market share in the USA’s oil and gas transmission space, and these orders are seen as a testament to the trust and confidence placed in Welspun’s products.