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2012
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Overseas Capacity Expansion
Initiates new 175,000 MTPA ERW plant in USA |
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2011
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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
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2010
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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
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2009
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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
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2008
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Global No 2 in Large Diameter Pipe Business
Survey by Financial Times, London
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2006
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First international acquisition
Leading UK based towel brand ‘Christy’
Enters Oil and Natural Gas exploration
Joint Venture with Adani group
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2005
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Setting up of Welspun City, Anjar
Home textile and pipe facilities expanded
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2001
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JV with Eupec Coatings GmbH, Germany
Sets up Pipe coating facility inDahej, Gujarat
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2000
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First international facility
Welspun USA in New York
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1999
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First global association
JV with Vincenzo Zucchi, Italy
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1997
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Diversification into Pipes business
SAW pipe unit at Dahej, Gujarat, India
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1993-95
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Manufacturing expansion
Terry Towel plant at Vapi, Gujarat, India
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1985
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Welspun is founded as a Textiles business
Unit at Palghar, Maharashtra
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