An integrated approach to laying pipelines
- From: Vol 11, Issue 4 (April 2010)
- Category: General
- Region: Asia
- Country: India
- Related Companies: Welspun Infratech
Indian pipe manufacturer Welspun has moved along the value chain by buying up an EPC contractor. Rama Rastogi looks at how vertical integration could prove pivotal in India’s burgeoning infrastructure sector.
Indian pipe manufacturer Welspun Infratech has agreed a INR4 billion ($89.8 million) deal which will see it take a stake of around 75% in engineering, procurement and construction specialist MSK Projects India. The deal will give the $3 billion Welspun Group an entry point into India’s infrastructure market, including a position in the pipeline laying market for water ...
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