MILESTONES
 
 
2016
Achieved production and sales of 1 mn tons in Line Pipes for the fourth consecutive year

 

Ranked No 1 Home Textile exporter to US for fourth consecutive year

 

Signed Share Purchase Agreement with Tata Power for Renewable Energy business divestment
 
2015
Achieved production, sales & order booking of 1 mn tons in Line Pipes for 3 consecutive years

 

Sold Maxsteel (DRI) business acquired in 2009 from Vikram Ispat (Maxsteel)

 

Ranked No 1 Home Textile exporter to US for third consecutive year

 

Commissioned India’s largest spinning facility under one roof at Anjar, Gujarat

 

Partial divestment of Dewas Bhopal Road project

 

Merger of Welspun Enterprises and Welspun Projects to create stronger entity
 
2014
Achieved production, sales & order booking of 1 mn tons in Pipes for 2nd consecutive year

 

Ranked No 1 Home Textile supplier to US for second consecutive year
 
2013
Achieved production, sales & order booking of 1 mn tons in Line Pipes

 

Demerger of non-pipe business - O&G, Steel, Energy & Infra to “Welspun Enterprises”

 

Home Textiles business re-organization and consolidation of textiles business under a single umbrella to create unified stronger entity

 

Ranked no 1 : Home textiles supplier in US by Home Textiles Today (HTT)
 
2012
Overseas Capacity Expansion
Initiates new 175,000 MTPA HFIW plant in USA
 
2011

Strengthens Infrastructure foray
Acquired 35% stake in Leighton Contractors (India) Pvt Ltd.

Huge Equity Sale
Apollo invested USD 350 mn in the Welspun Group

Massive Capacity Expansion - India
New 350,000 MTPA LSAW plant in Anjar

 
2010

Foray into Energy Business
Welspun Energy is born

Entry into Infrastructure
Acquisition of MSK Projects India Ltd.

Pipes business consolidated under new entity
Welspun Corp is born

Manufacturing facility in Middle East
Acquisition of majority stake in Aziz European Pipe factory in Saudi Arabia

 
2009

Plate cum Coil Mill at Anjar
Acquires Vikram Ispat, the sponge iron business of Grasim Industries

First Greenfield pipe facility overseas
Plant at Little Rock, Arkansas, US

 
2008

Global No 2 in Large Diameter Pipe Business
Survey by Financial Times, London

 
2006

First international acquisition
Leading UK based towel brand ‘Christy’

Enters Oil and Natural Gas exploration
Joint Venture with Adani group

 
2005

Setting up of Welspun City, Anjar
Home textile and pipe facilities expanded

 
2001

JV with Eupec Coatings GmbH, Germany
Sets up Pipe coating facility inDahej, Gujarat

 
2000

First international facility
Welspun USA in New York

 
1999

First global association
JV with Vincenzo Zucchi, Italy

 
1997

Diversification into Pipes business
SAW pipe unit at Dahej, Gujarat, India

 
1993-95

Manufacturing expansion
Terry Towel plant at Vapi, Gujarat, India

 
1985

Welspun is founded as a Textiles business
Unit at Palghar, Maharashtra