Welspun Corp secures Rs 13 billion pipe supply contract in the US

05 Nov 2024 CW Team

Homegrown Welspun Corp (WCL) made a significant announcement regarding its recent business developments. The company revealed that it has successfully secured two new contracts in the United States, which are valued at an impressive Rs 13 billion. These contracts involve the supply of specialised pipes specifically designed for natural gas pipeline projects. WCL is focused on fulfilling the order for Helical Submerged Arc Welded (HSAW) pipes within the financial year 2025-26, according to the details provided in an official exchange filing.

In elaborating on its future prospects, the company conveyed that it maintains a highly optimistic outlook for the US market. This positive sentiment is bolstered by WCL's participation in several additional projects, indicating that the company is strategically positioned to capitalize on emerging opportunities. Furthermore, WCL noted that it is favourably situated in 1-2 large projects, which could enhance its growth trajectory in the coming years. This announcement underscores WCL's commitment to expanding its footprint in the international market, particularly in the lucrative sector of natural gas infrastructure.

Infrastructure Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..