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Welspun Corp announced that Welspun Tubular LLC, a wholly owned subsidiary of Welspun Corp in the USA, has secured the largest order in its history, in terms of volume, length and value, for the supply of High-Frequency Induction Welded (HFIW) pipes, valued at approx. USD 412.5 million (~₹4,000 crore).
The pipes will be manufactured at the Company's newly upgraded HFIW mill, with enhanced capabilities, at Little Rock, USA.
The order will be executed during FY28 and FY29.
With this order, the Company's global order book stands at a record USD 4.7 billion (Rs. 45,000 crore), the highest in its history.
This order underscores the scale, quality and execution capability of the Company's operations, and reinforces its long-term strategy of expanding global manufacturing capacity and deepening relationships with marquee international clients.
At 11.44 am, Welspun Corp was trading at Rs. 2,788, up by 3.47%, with a volume of 1.21 lakh shares on the BSE.
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