Expanding horizons
OIL & GAS

Expanding horizons

BK Goenka, Chairman and Managing Director, Welspun Gujarat Stahl Rohren Ltd, in one of his interviews says, 'An entrepreneur has to be a dreamer who can convert ideas into reality.' His recent decision to acquire a 75 per cent stake in construction firm MSK Projects, authenticate his words. The acquisition will help Welspun to enter the oil, gas and water sectors and also double its projects in these sectors to Rs 7,000-10,000 crore in the next 3-5 years.

The flagship company of Welspun Group, Welspun Gujarat Stahl Rohren Ltd, is the second largest (large diameter) pipe producer in the world. The company has supplied high end pipes for most critical projects like the Independence Trail project in the Gulf of Mexico, Rockies mountain project in the USA, etc. It is now set to be the world's largest pipe company with an increase in capacity from 1.5 million tonne per annum to 1.8 million tonne by March 2011.

BK Goenka, Chairman and Managing Director, Welspun Gujarat Stahl Rohren Ltd, in one of his interviews says, 'An entrepreneur has to be a dreamer who can convert ideas into reality.' His recent decision to acquire a 75 per cent stake in construction firm MSK Projects, authenticate his words. The acquisition will help Welspun to enter the oil, gas and water sectors and also double its projects in these sectors to Rs 7,000-10,000 crore in the next 3-5 years. The flagship company of Welspun Group, Welspun Gujarat Stahl Rohren Ltd, is the second largest (large diameter) pipe producer in the world. The company has supplied high end pipes for most critical projects like the Independence Trail project in the Gulf of Mexico, Rockies mountain project in the USA, etc. It is now set to be the world's largest pipe company with an increase in capacity from 1.5 million tonne per annum to 1.8 million tonne by March 2011.

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