business 🏗️ Welspun Corp bags huge $1.8B US pipe order
Welspun Corp secured its largest-ever US pipe order worth about $1.8 billion for its US facility. This massive contract is linked to expanding natural gas infrastructure from the Permian Basin to the US Gulf Coast. The order, covering LSAW and spiral pipes, will be executed during FY28 and FY29. This win boosts Welspun’s global order book to a record $4.4 billion. The company plans to increase its US capacity to 7 million tonnes over the next two years.