->PQR01: Adding short description: "Indian company" (Shortdesc helper)

2021-12-02T06:41:55Z

Adding short description: "Indian company" (Shortdesc helper)

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{{Short description|Indian company}}
{{Use dmy dates|date=September 2015}}
{{Use Indian English|date=September 2015}}

{{Infobox company
| name = Welspun Corp Limited
| type = [[Public company|Public]]
|traded_as = {{BSE|532144}} <br> {{NSE|WELCORP}}
| logo = WelspunCorpLogo.jpg
| logo_size = 200px
| foundation = 26 April 1995
| founder =
| location_city = Welspun House, [[Lower Parel]], [[Mumbai]], [[Maharashtra]]
| location_country = [[India]]
| area_served =
| key_people = [[B K Goenka|Balkrishan G. Goenka]] <br> {{small|(Chairman)}}<ref>{{cite web|url=http://economictimes.indiatimes.com/welspun-corp-ltd/infocompanyhistory/companyid-5032.cms |title=WELCORP History | Welspun Corp Ltd Company History & Profile |publisher=Economictimes.indiatimes.com |date= |accessdate=2011-01-03}}</ref>
| num_employees = 24,000 {{cn|date=September 2021}}
| revenue = {{INRConvert|4642.11|c}}<ref>{{cite web |title=Stock share price of Welspun Corp|work=BSE India |url=https://www.bseindia.com/stock-share-price/welspun-corp-limited/welcorp/532144/ }}</ref>
| revenue_year = 2021
| operating_income =
| net_income = {{INRConvert|1002.11|c}}
| net_income_year = 2021
| assets =
| equity =
| industry = [[Construction]] & [[Engineering]]
| subsid =
| parent = [[Welspun Group]]
| products = Pipes, coils, plates, textiles, power, oil & gas, construction
| homepage = {{url|www.welspuncorp.com}}
}}

'''Welspun Corp Limited''' is the second largest manufacturer of large diameter pipes in the world<ref>{{cite web|url=http://www.business-standard.com/india/news/welspun-gujarat-may-buy-stake-in-saudi-co-for-rs-260-cr/90368/on |title=Welspun Gujarat may buy stake in Saudi co for Rs 260 cr |publisher=Business-standard.com |date=2010-04-05 |accessdate=2011-01-03}}</ref><ref>{{cite web|url=http://www.wire.de/cipp/md_wiretube/custom/pub/show,fair,witu10/lang,2/oid,7875/xa_nr,2204084/~/Web-ExhDatasheet/exh_datasheet |title=wire / Tube 2010 - Welspun Gujarat Stahl Rohren Limited, India (Mumbai 400 013) - Carbon content (low) |publisher=Wire.de |date= |accessdate=2011-01-03}}</ref> based in [[Mumbai]], [[Maharashtra]].<ref>{{cite web|url=http://economictimes.indiatimes.com/welspun-corp-ltd/infocompanylocations/companyid-5032.cms |title=Welspun Corp Ltd. Locations Information | Welspun Corp Ltd Company Locations |publisher=Economictimes.indiatimes.com |date= |accessdate=2011-01-03}}</ref> It is a flagship company of the $3 billion ({{INR}}129 billion) [[Welspun Group]].<ref>{{cite web|url=http://businesstoday.intoday.in/bt/story/2332/1/on-the-wings-of-steel.html |title=On the wings of steel : Features : Business Today |publisher=Businesstoday.intoday.in |date=2008-06-09 |accessdate=2011-01-03}}</ref> It operates a 1.65 mtpa plant in Anjar, Gujarat, which is being increased to 2.1 mtpa.<ref>{{cite web|url=http://lite.epaper.timesofindia.com/mobile.aspx?article=yes&pageid=22&edlabel=ETBG&mydateHid=18-10-2010&pubname=&edname=&articleid=Ar02204&format=&publabel=ET |title=Times of India Publications |publisher=Lite.epaper.timesofindia.com |date=2010-06-30 |accessdate=2011-01-03}}</ref>

==Divisions==
* The Welspun Pipes Division manufactures pipes from Dahej (Gujarat), Anjar (Gujarat) and Mandya (Karnataka) in India and [[Little Rock, Arkansas|Little Rock]], Arkansas in the U.S.
* Welspun Plates and Coil manufactures plates up to 4.5 meters wide and coils up to 2.8 meters wide.
* Welspun Tubular LLC (USA): This spiral pipe and coating facility is spread across 740 acres and has an annual capacity of 350,000 tons near [[Little Rock, Arkansas|Little Rock Port]], [[Arkansas]]. Welspun Tubular LLC begins production at its new electric-resistance welded (ERW) steel pipe mill in Little Rock, Ark., in 2012 according to a company executive.
* Welspun Natural Resources Ltd is a joint venture with [[Adani Group]]. It has a portfolio of eight oil and gas assets across India, Thailand and Egypt.
* [[Welspun Energy Ltd]] was incorporated to set up thermal power plants and solar energy power generating facilities.
* Welspun Infratech Ltd was recently acquired from MSK Projects India Ltd to enter the infrastructure sector.

==History==
It was incorporated in 1995 as Welspun Gujarat Stahl Rohren Ltd.<ref>{{cite web|url=http://www.welspuncorp.com/content.asp?Submenu=Y&MenuID=1&SubmenuID=1 |title=:: Welspun :: |publisher=Welspuncorp.com |date= |accessdate=2011-01-03}}</ref> It was renamed from Welspun Gujarat Stahl Rohren Ltd to Welspun Corp Ltd.<ref>{{cite web|url=http://www.financialexpress.com/news/welspun-shares-down-27-pct-on-sebi-ban/719893/ |title=Welspun shares down 27 pct on SEBI ban |publisher=Financialexpress.com |date=2010-12-03 |accessdate=2011-01-03}}</ref>

==Awards & Recognitions==

{| class="wikitable" style="width:100%;" style="text-align: center;"
|-
! width=10%| Year
! style="width:50%;"| Awards & Recognition
! style="width:40%;"| Bestowed By
|-
! scope="row" | 2014
|FICCI Quality Systems Excellence Award for Manufacturing 2014
|FICCI
|-
! scope="row" | 2014
|Nace International Corrosion Awareness Award 2014
|Nace International
|-
! scope="row" | 2013
|EXCELLENCE in GLOBAL TRADE
|Governor's Award
|-
! scope="row" | 2013
|IPLOCA CSR Award (Runner Up)
|TOTAL
|-
! scope="row" | 2011
| Top Exporter for the Year 2010-11
Gold Trophy
| EEPC
|-
! scope="row" | 2011
| Star Performer
| GAIL (Indian) Ltd.
|-
! scope="row" | 2011
|Best Indian Manufacturing Company in the US
7th Indo American Corporate Excellence Awards
|IACC 2011
|-
! scope="row" | 2010
|Star Performer Award for the year 2008-09
All India Export Excellence Awards
| EEPC 2010
|-
! scope="row" | 2010
|All India Export Excellence Awards
| EEPC 2010
|-
! scope="row" | 2010
| Top Indian Company under the Metal Pipes
| Dun & Bradstreet
|-
! scope="row" | 2009
|National Awards for Export Excellence - Silver Trophy
|Engineering Export Promotion Council - India
|-
! scope="row" | 2008
|Most Valuable Company in Metal Pipes
|Dun & Bradstreet
|-
! scope="row" | 2008
|Emerging Company of the Year
|Economic Times
Corporate Excellence Award
|-
! scope="row" | 2008
|2nd Largest Steel Pipe Producer in the World (Large Diameter)
|Financial Times
|-
! scope="row" | 2007
|Fastest Growing Company
|Business Today
|-
! scope="row" | 2007
|Fastest Growing Steel Products Company
|Construction World NICMAR
|-
! scope="row" | 2007
|Amongst the top 3 SAW Pipe Company in the World
|CLSA Asia Pacific Market Research
|-
! scope="row" | 2007
|Amongst the 20 Companies to watch out for in 2008
|Business Today
|-
! scope="row" | 2007
|Amongst top 100 Corporates in India
|Standard & Poor's
|-
! scope="row" | 2006
|Award for the highest export - Iron and Steel based product - non SSI
|Engineering Export Promotion Council (EEPC)
|-
! scope="row" | 2004
|Fastest Growing Steel Products Company
|Construction World NICMAR
|-
! scope="row" | 2001-03
|Export performance Awards
|Engineering Export promotion council (EEPC)
|}

==References==
{{reflist}}

==External links==
*[http://www.thehindubusinessline.com/2010/12/04/stories/2010120453401100.htm Stocks of SEBI-indicted companies hammered :Welspun Corp Ltd]
*[http://economictimes.indiatimes.com/markets/stocks/stocks-in-news/Welspun-Corp-Ackruti-City-tank-on-being-barred-for-stock-rigging-by-SEBI/articleshow/7035620.cms Welspun Corp, Ackruti City tank on being barred for stock rigging by SEBI]
*[http://money.livemint.com/IID91/F132144/DirectorsReport/Company.aspx Welspun Corp Ltd]

{{Steel industry of India}}
{{Welspun Group}}
{{Nifty 200 companies}}

[[Category:Manufacturing companies based in Mumbai]]
[[Category:Steel companies of India]]
[[Category:Welspun Group]]
[[Category:Construction and civil engineering companies of India]]
[[Category:Indian companies established in 1995]]
[[Category:Construction and civil engineering companies established in 1995]]
[[Category:1995 establishments in Maharashtra]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]

Welspun Corp - Revision history

->PQR01: Adding short description: "Indian company" (Shortdesc helper)