Welspun bags Rs 1075cr order
Welspun Gujarat Stahl Rohren Limited (W.G.S.R.L), amongst the largest SAW Pipe companies in the world, has bagged prestigious pipeline orders worth Rs. 1075 Crores for the supply of Spiral Pipes in Northern Africa. The new order has taken Welspun’s order book position to above Rs. 5900 Crores. This contract won against European competition reaffirms Welspun’s positioning into high-end large diameter business.
Commenting on the orders, Mr. B.K. Goenka – Vice Chairman and Managing Director of the Welspun Group said, “Welspun’s strong demonstration of ‘Engineering Excellence’ and accreditations from top Oil and Gas Companies across the World results in new orders and reinstates our position as one of the largest and premium line pipe company in the World”. Company re iterates its conservative policy of booking raw material, freight, foreign currency well in time.
Sourced From: Sampark Public Relations Pvt Ltd
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