Up 55% In A Month: How Welspun Corp Riding America's AI Data-Centre Boom

Welspun Corp, traditionally a pipe manufacturer, is strategically pivoting its business to capitalize on the rapid expansion of AI and data center infrastructure globally, particularly in the United States. This shift is driven by the increasing energy demands of data centers, which are often met by dedicated natural gas power generation, thereby creating a substantial need for specialized heavy-wall pipelines. Welspun is investing significantly in its manufacturing footprint to meet this demand. In the US, Welspun is establishing a new 300 kilo tonnes per annum longitudinal submerged arc welded (LSAW) pipe facility in Little Rock, Arkansas, which is slated for commissioning by December 2026. This facility aims to position Welspun as one of only two LSAW manufacturers in the US, aligning with "Buy America" provisions and directly catering to high-specification requirements for data centers and offshore projects. The company also notes that its existing US spiral mills are operating at nearly full capacity, booked until March 2028, and is upgrading its high-frequency induction welding (HFIW) mill capacity. Beyond the US, Welspun is also expanding its operations in Saudi Arabia with new LSAW and ductile iron pipe facilities, expected by April 2026, to support Saudi Aramco's gas production increase under Vision 2030. Domestic demand in India is also set to recover, prompting further expansion of its Anjar facility. Financially, Welspun reported a 24% year-on-year revenue growth for 9MFY26, with EBITDA up 35%. The company's order book stands at Rs 23,600 crore, and upcoming facility commissions are expected to drive a significant boost in profitability.