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Welspun Corp, Perma-Pipe to invest Rs 1500 crore in Jordan pipe manufacturing JV

As reported by Stocks-Markets-Economic Times
Welspun Corp and Perma-Pipe International Holdings are set to create a joint venture for pipe manufacturing in Jordan with an investment around ₹1500 crore. This collaboration is designed to tackle key water and energy projects in the Levant region, integrating advanced steel pipe production alongside cutting-edge anti-corrosion coating systems. The facilities will play a crucial role in supporting Jordan's National Water Carrier Project, contributing to the country's water security initiatives.
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