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    • Expect 15% jump in capacity utilisation in FY18: Welspun Corp

    • Minimum import price to help; impact yet to be realised: Welspun

    • Merged Welspun Proj to be profitable in FY15: MD Garg

    • To bring net debt below Rs 1000cr in 3 years: Welspun

      Akhil Jindal, Director of Welspun Group denies the ban to raise money from the capital market. The net debt is currently at Rs 2,500 crore against their networth of Rs 5,000 crore. They aim to bring it down to below Rs 1,000 crore in 3 years which is at .23 of debt equity levels and that is quite comfortable.

    • Transaction with Apollo likely to complete by Aug: Welspun

      Welspun Group will be recieving capital infusion of USD 500 million from PE Apollo Global Management to expand its presence in the global oil and gas pipe market.

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