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Welspun Corp wins largest-ever HFIW pipe order worth ₹4,000 crorePhoto: Business Standard
BUSINESSBusiness Standard · 0 seconds agoLive

Welspun Corp wins largest-ever HFIW pipe order worth ₹4,000 crore

Reported by Business Standard, not nibnow. We are not the publisher of this story, only the source is.

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AI SUMMARY

Welspun Corp’s American subsidiary has recently closed a significant deal for high-frequency induction welded pipes. This new contract is valued at approximately $412.5 million, making it the biggest order of its kind for the company. The acquisition pushes the firm’s total global backlog to an all-time high of $4.7 billion. This milestone reflects strong demand for the company’s specialized steel products in the international market. The substantial increase in pending work provides a clear indicator of the subsidiary’s growing influence and operational scale within the global energy infrastructure sector.

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