MoneyWorks4Me

SSWL bags repeat export order from Russian after-market

16 Jul 2014 Evaluate

Steel Strips Wheels (SSWL) has bagged its repeat export order from Russian territory. The order will cater to the Russian after-market demand and this order will open up opportunity for SSWL to increase foothold in export markets. The order is worth 25000 wheels and will cater to passenger car segment.

The wheels will be exported for LADA Cars sold in Russia & Europe and will be executed in second quarter 2014-2015 only. This order will become a repeat business going forward and will add volumes to export segment.

SSWL is a part of the Steel Strips Group, headquartered in Chandigarh. It is engaged in the manufacturing of single piece steel wheel rims in the range of 10 to 30 inches for scooters, passenger cars, utility vehicles and tractors. It supplies rims to almost all major manufacturers of two wheelers, three wheelers, four wheelers, tractors and heavy commercial vehicle.

Peers
Company Name CMP
SamvardhanaMotherson 165.60
Tube Investments 2519.15
Bosch 48100.00
UNO Minda 1218.00
Bombay Burmah Trdg. 1435.30
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