Belgium 's Kredietbank has approved a $ 6.5 million loan to India 's Welspun Stahl Rohren Ltd ( WSRL ) to part-finance its submerged arc welded pipes plant , the Indian company said in a statement on Wednesday .
<response> <location>Belgium</location> 's <organization>Kredietbank</organization> has approved a $ 6.5 million loan to <location>India</location> 's <organization>Welspun Stahl Rohren Ltd</organization> ( <organization>WSRL</organization> ) to part-finance its submerged arc welded pipes plant , the <misc>Indian</misc> company said in a statement on Wednesday . </response>