Welspun Corp Accreditations & Manufacturing Overview
Specialty Steel: SS Pipes Outlook
Robust demand expected going forward
Key Drivers
•
·
•
Make in India initiative by the government providing push to local manufacturing
High value business and a differentiated import-substitution play with obvious
synergies with existing business and capabilities, characterized by superior
margins and resilient demand
High Entry Barriers due to technology capabilities as well as approvals and
accreditations required from customers, process licensors, and EPC players
Implementation of BIS and the proposal for Anti-Dumping Duty on substandard
and cheap imports to lay a strong foundation for substantial growth
Sectors & Demand
Critical applications in key sectors
like Power, Nuclear, Defense,
Petrochemicals etc.
•
Demand Estimate: -65 KMT in
Domestic Market and -25 KMT in
Exports per Annum
Visible Turnaround
•
Product acceptability both in the
domestic and export market
Moving towards higher value added
grades such as Nickel Alloy, Duplex
& Super Duplex
Only facility which is fully
integrated from SS Steel to Pipes
HAR GHAR SE
HAR DIL TAK
WELSPUN
HarDiWelspun
Source: News articles, Market intelligence, Internal estimates
WELSPUN CORP
Pipes & Steel
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