Steel Strips Wheels (SSWL) is increasing its production capacity by 1.5 million wheels annually to cater to increasing demand from OEMs. The total investment involved will be around Rs 50 million and the new capacity will start yielding production by April 2015.
The combined capacity post this expansion will go to 18.1 million wheels across three plants of the company. This expansion is coming at the mother plant in Dappar which is running at peak capacity of 85%. The increased presence in passenger car segment and future business allocations to SSWL is demanding this expansion to address the order book for next financial year.
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.
