WELSPUN ENTERPRISES

01 Sep 2018 Editorial Team

Order book: Rs.55 billion Employee strength: 448 Formerly known as Welspun Projects, Welspun Enterprises is part of the Welspun Group. Pursuant to a scheme of arrangement and amalgamation, the erstwhile Welspun Enterprises, Welspun Infratech, Welspun Plastics and Welspun Infra Projects were merged into Welspun Projects, which was renamed Welspun Enterprises. Welspun Enterprises has developed and operates PPP projects in various sectors like roads, water and urban infrastructure. In the highway sector alone, the company has successfully completed six BOT (toll) road projects with a total length of over 500 km. Welspun Enterprises operates in the infrastructure segment with investments in oil and gas. In fact, the company is unique in the Indian infrastructure space as it has a significant net cash balance, unlike most other companies that are burdened with a high amount of debt. It has a differentiated business model with a focus on HAM projects. Further, in EPC as well, construction is outsourced to the best suited contractor, and Welspun focusses on high value-added activity projects. For FY2018, the company has an unexecuted order book of over Rs 55 billion.