Suvarna Garge (Editor)

Welspun Corp

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Founded
  
1995, Mumbai

Number of employees
  
24,000

Parent organization
  
Welspun Group

Key people
  
B K Goenka, Chairman,

Headquarters
  
Mumbai

Welspun Corp wwwwelspuncorpcomassetswelspunlogox88c432b35

Type
  
Public (BSE: 532144) (NSE: WELCORP)

Industry
  
Construction & Engineering

Products
  
Pipes, Coils, Plates, Textiles, Power, Oil & Gas, Construction, Projects.

Stock price
  
WELCORP (NSE) ₹ 82.60 -0.95 (-1.14%)7 Apr, 3:30 PM IST - Disclaimer

Revenue
  
66.27 billion INR (US$990 million)

Subsidiaries
  
Welspun Natural Resources Private Limited

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Welspun Corp Ltd is the second largest manufacturer of large diameter pipes in the world based in Mumbai, Maharashtra. It is a flagship company of the $3 billion (₹129 billion) Welspun Group. It operates a 1.65 mtpa plant in Anjar, Gujarat, which is being increased to 2.1 mtpa.

Contents

Divisions

  • The Welspun Pipes Division manufactures pipes from Dahej (Gujarat), Anjar (Gujarat) and Mandya (Karnataka) in India and Little Rock, Arkansas in the U.S.
  • Welspun Plates and Coil manufactures plates up to 4.5 meters wide and coils up to 2.8 meters wide.
  • Welspun Tubular LLC (USA): This spiral pipe and coating facility is spread across 740 acres and has an annual capacity of 350,000 tons near Little Rock Port, Arkansas.Welspun Tubular LLC begins production at its new electric-resistance welded (ERW) steel pipe mill in Little Rock, Ark., in 2012 according to a company executive.
  • Welspun Natural Resources Ltd is a joint venture with Adani Group. It has a portfolio of eight oil and gas assets across India, Thailand and Egypt.
  • Welspun Energy Ltd was incorporated to set up thermal power plants and solar energy power generating facilities.
  • Welspun Infratech Ltd was recently acquired from MSK Projects India Ltd to enter the infrastructure sector.

    • History

    It was incorporated in 1995 as Welspun Gujarat Stahl Rohren Ltd. It was renamed from Welspun Gujarat Stahl Rohren Ltd to Welspun Corp Ltd.

    References

    Welspun Corp Wikipedia
    (Text) CC BY-SA