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Welspun Corp Limited inaugurates its state-of-the-art manufacturing facility in Madhya Pradesh
Inaugurated by Shri. Shivraj Singh Chouhan, Honorable Chief Minister of Madhya Pradesh
A one-stop Pipe and coating facility spanning over 150 acres, contributing to the development of Oil &Gas and Water pipeline infrastructure in central, northernand eastern regions of the country
December 2020: Welspun Corp Limited, a part of the Welspun Group and a leading manufacturer of large diameter welded pipes globally, has launched its state-of-the-art manufacturing facility near Bhopal, in the Raisen district of Madhya Pradesh. The facility was inaugurated by Shri Shivraj Singh Chouhan, the Honorable Chief Minister of Madhya Pradesh.
The grand launch ceremony also saw attendance of ShriPrabhuram Chaudhary, Hon’ble Minister, Govt. of M.P. Dept. of Health & Family Welfare and Shri Rajvardhan Singh Dattigaon, Hon’ble Minister, Govt. of M.P. Dept. of Industrial Policy & Investment Promotion along with Mr. B. K. Goenka, Chairman, Welspun Group.
Aligned with Prime Minister Shri Narendra Modi’s vision of ‘Atmanirbhar Bharat’, Madhya Pradesh is the first state in the country to release the roadmap of ‘Atmanirbhar Madhya Pradesh’, with a sharper focus on infrastructure development, health and education, economy and employment as well as good governance.
In line with the state’s ambitious goal of accelerating investments in industrial development for economic growth, Welspun Corp established its world-class Pipe and Coating facility in the Raisen district, which is also strategically located in close proximity to Bhopal.
Set up with an initial investment of INR 250 crore, the state-of-the-art facility is spreads across 150 acres in Jamunia Khejda of Raisen district. This facility will play a vital role in building cost-effective, sustainable, and robust water transportation and infrastructure in the state of Madhya Pradesh.
Its installed capacity of 305 MMTPA will allow for the seamless supply of large diameter pipes to various critical projects that directly impact millions of people, including farmers looking to increase their irrigated lands. Apart from the water, this facility will also energies the central and eastern regions by helping create a strong and robust Oil & Gas pipeline grid.
The new manufacturing unit will provide direct employment to over 350 members while creating thousands of indirect employment and livelihood opportunities, contributing to socio-economic development – both within the region and on a national level. Focus is on utilizing the local skilled manpower so as to provide employment to the younger generation in and around Bhopal.
Additionally, reiterating its vision to promoting greater gender equity, Welspun Corp will employ women in technical roles in the manufacturing unit to encourage India’s female workforce to aspire to a future in the field of manufacturing and excel in their professional careers.
Speaking on the launch Shri. Shivraj Singh Chouhan, Honorable Chief Minister of Madhya Pradesh, said,
“Following Prime Minister’s vision of ‘Atmanirbhar Bharat,’ Madhya Pradesh is the first state in the country to release the roadmap of ‘Atmanirbhar Madhya Pradesh.’ And Welspun Group is Madhya Pradesh’s partner in elevating the economic growth in the state. I have complete confidence in Welspun’s capabilities. This world class pipe and coating facility will play a vital role in building sustainable water infrastructure in the state and generate huge employment.”
Commenting on the launch, Mr. B. K. Goenka, Chairman, Welspun Group said, “As an organization with extensive business interests across multiple sectors, the Welspun Group has always endeavored to balance business objectives with the greater good for local communities. The launch of Welspun Corp’s Bhopal unit is another testament to this commitment.
Through the facility, we will not only cater to the growing demand for robust and resilient water infrastructure, both in Madhya Pradesh and across India but also uplift local communities by providing them with lucrative employment opportunities. Welspun will roll out focused CSR activities, in and around the region so as to contribute its bit in uplifting the general society as has been the case in all other facilities of Welspun.
We are confident that our Bhopal facility will be a key contributor to the success of the ‘Atmanirbhar Madhya Pradesh’ campaign and will help drive the growth of the state’s infrastructure. We are pleased to see that after our investment and work in developing the area, there has been an increased investment activity by other industrial entities too.”
Mr. Vipul Mathur, MD, Welspun Corp Limited said, “As a developing country, India’s infrastructure needs have grown substantially over the last couple of decades. We now need better tools, better solutions and better strategies to address the growing demand for critical resources.
At Welspun Corp, we are committed to providing the best solutions, resources, and technical know-how to help cater to this burgeoning need-gap. Expanding our manufacturing capacity in Madhya Pradesh which is strategically situated at the heart of the country, is aligned with this commitment.
We are confident that, with this facility specializing in M.S. Pipe & Coating for Oil & Gas as well as water infrastructurebeing operational, Welspun Corp will play a major role in the execution of several mission-critical projects, both within the state and across the country, as a service provider and knowledge partner.”