Welspun Corp wins $1.8 billion US pipe order, backlog hits $4.4 billion

The order "reflects the confidence of major global energy players in Welspun as a partner for large, complex and mission-critical pipe infrastructure projects," the company said in the filing. It provides multi-year revenue visibility, Welspun added.

Welspun World chairman B K Goenka called North America "a strategically important market" and said the company has "continued to invest ahead of the curve" in its regional manufacturing and technology capabilities. The order size, he said, reinforces the company's strategy and positions it for the next phase of US energy infrastructure development.

Welspun operates plants in India, the US and Saudi Arabia, supplying customers across more than 50 countries. Its product lines include line pipes, ductile iron pipes, stainless steel bars, pipes and tubes, and TMT rebars. The portfolio also covers Sintex-brand water storage tanks and advanced plastic piping solutions.