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16 Feb
12:46

Welspun foresees oil & gas rebound after sales drop

The Indian government directing public oil & gas companies to hike expenditure to stimulate the economy has resulted in increased tendering and pipe demand, Welspun says. Demand in the domestic water segment has however been muted as resources have been diverted in the fight against the pandemic. Export prospects have improved, the Indian pipemaker says, with Australia standing out as a key market. The firm bagged a prestigious order there in the September qua…
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