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The Economic Times

Economy / The Economic Times

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Welspun Corps $350 million US bet rides rising oil, gas pipeline demand

Welspun Corp is focusing on the US market by investing $300-350 million in two manufacturing plants. The company aims to benefit from increased oil and gas pipeline demand due to rising energy costs. One of its US plants has already been commissioned, while the second will be operational by year-end. Welspun also plans to expand its presence in Saudi Arabia and has future projects in Jordan.

21 Oct 2026 1:01 am