Welspun Corp

Welspun Corp Limited is the second largest manufacturer of large diameter pipes in the world[3][4] based in Mumbai, Maharashtra.[5] It is a flagship company of the $3 billion (₹129 billion) Welspun Group.[6] It operates a 1.65 mtpa plant in Anjar, Gujarat, which is being increased to 2.1 mtpa.[7]

Welspun Corp Limited
TypePublic
BSE: 532144
NSE: WELCORP
IndustryConstruction & Engineering
Founded26 April 1995
Headquarters
Welspun House, Lower Parel, Mumbai, Maharashtra
,
India
Key people
Balkrishan G. Goenka
(Chairman)[1]
ProductsPipes, coils, plates, textiles, power, oil & gas, construction
RevenueDecrease ₹6,675 crore (US$900.81 million) (FY21)[2]
Decrease ₹641 crore (US$86.51 million) (FY21)
Number of employees
24,000
ParentWelspun Group
Websitewww.welspuncorp.com

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.[8] It was renamed from Welspun Gujarat Stahl Rohren Ltd to Welspun Corp Ltd.[9]

References
  1. "WELCORP History | Welspun Corp Ltd Company History & Profile". Economictimes.indiatimes.com. Retrieved 3 January 2011.
  2. "Quarter and Year ended March 31, 2021" (PDF). Welspun Corp.
  3. "Welspun Gujarat may buy stake in Saudi co for Rs 260 cr". Business-standard.com. 5 April 2010. Retrieved 3 January 2011.
  4. "wire / Tube 2010 - Welspun Gujarat Stahl Rohren Limited, India (Mumbai 400 013) - Carbon content (low)". Wire.de. Retrieved 3 January 2011.
  5. "Welspun Corp Ltd. Locations Information | Welspun Corp Ltd Company Locations". Economictimes.indiatimes.com. Retrieved 3 January 2011.
  6. "On the wings of steel : Features : Business Today". Businesstoday.intoday.in. 9 June 2008. Retrieved 3 January 2011.
  7. "Times of India Publications". Lite.epaper.timesofindia.com. 30 June 2010. Retrieved 3 January 2011.
  8. ":: Welspun ::". Welspuncorp.com. Retrieved 3 January 2011.
  9. "Welspun shares down 27 pct on SEBI ban". Financialexpress.com. 3 December 2010. Retrieved 3 January 2011.
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