World’s Largest Diameter Pipe Maker Bags ₹1,000 Crore US Order, Order Book Swells to ₹24,700 Crore on LNG Boom and AI-Driven Gas Infrastructure Demand
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Welspun Corp Ltd secures a Rs 1,000 crore U.S. order, boosting its global order book to Rs 24,700 crore amid LNG export growth and AI-driven gas infrastructure demand.
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Welspun Corp Ltd, a leading global player in the steel pipe industry, has announced the receipt of a significant order from its U.S. facility valued at approximately Rs 1,000 crore. This comes amid a strong surge in demand for natural gas infrastructure driven by rising LNG exports and the growth of AI data centres.
The company’s latest order, along with others secured since its previous announcement on 30 January 2026, brings Welspun Corp Ltd’s consolidated global Order Book to Rs 24,700 crore (approximately USD 2.6 billion) as on March 30, 2026. These orders are slated for execution across 2025-26, 2026-27, and 2027-28, providing strong visibility and continuity across both India and U.S. operations.
The announcement comes at a time when U.S. LNG exports are expected to grow from approximately 14.7 Bcf/d in 2025 to 16.3 Bcf/d in 2026, with projections exceeding 25 Bcf/d over the next three years. This growth, coupled with surging electricity demand from upcoming AI data centres, has spurred a boom in natural gas pipelines. Midstream companies are planning or building around 9,000 miles of pipelines, with 8-9 major projects expected to come online in the near term.
Welspun Corp Ltd is strategically positioned to capitalise on this trend, with strong demand for high-quality steel pipes ensuring sustained business opportunities. The company remains actively engaged in pursuing projects that enhance business visibility for the next three to five years.
Incorporated in 1995, WCL is the flagship company of the Welspun Group. It manufactures line pipes at its plants in India (Anjar, Gujarat; Bhopal, Madhya Pradesh; and Mandya, Karnataka), the U.S. (Little Rock, Arkansas), and Saudi Arabia (Dammam). Its products include longitudinal, spiral, and high-frequency induction-welded pipes. WCL also operates coating facilities in all three countries.
Welspun Corp Ltd Share Price Performance
Welspun Corp Ltd (INE191B01025) shares are trading in the green amid a broader market selloff today. As of March 30, 2026, 11:53:20 IST, the stock is priced at Rs 822.35, up Rs 5.00 or 0.61 per cent from the previous close.
In today’s ongoing session, the stock opened at Rs 817.35, matching its previous close, and has witnessed an Intraday high of Rs 849.95 and a low of Rs 812.90, showing a moderately volatile trading range so far.
Year-to-date (YTD), Welspun Corp Ltd shares have gained 2.96 per cent, while over the past one year, the stock has declined by 5.38 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.