Welspun US Unit Wins $412.5M Order
Indian pipe maker Welspun Corp announced that its US unit secured a $412.5 million supply contract. The deal pushes the company's global order book to a record $4.7 billion.
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WELSPUN CORP LTD secured a $412.5 million pipe supply order through its United States unit, lifting its global order book to a record $4.7 billion. The contract follows a $1.8 billion order secured in August for North American energy infrastructure. The deal highlights robust global demand from utilities investing in oil, gas, and power projects.
