Welspun Corp Bags Record $1.8 Bn US Pipe Order

has secured its largest-ever single order worth approximately $1.8 billion (Rs 17,200 crore) for the supply of pipes from its US manufacturing facility. Announced late on 20 August 2026, the order is linked to a Permian Basin export pipeline project supporting LNG infrastructure. Execution is scheduled for FY28 and FY29. With this win, the company’s global order book has surged to a record $4.4 billion (Rs 42,100 crore), providing strong multi-year revenue visibility. MD & CEO Vipul Mathur confirmed that no major additional capital expenditure is required. Existing capacity augmentation and debottlenecking plans of $200-250 million will largely support execution. Shares of Welspun Corp surged 12-17% on 21 August, hitting fresh all-time highs above Rs 2,300 as investors welcomed the landmark contract. The order reinforces Welspun’s position as a leading player in North American energy infrastructure and validates its strategy of expanding US manufacturing capabilities.