Steel Strips Wheels (SSWL) is looking at a volume growth of 16-18 percent for the full year and turnover of around 15-16 percent.
The company has reported 18% growth in its total wheel rim sales to 10.10 lakh as compared to 8.60 lakh in December 2013. In terms of Value, the company has achieved gross turnover of Rs 99.80 crore in December 2014 as compared to Rs 78.24 crore in December 2013, recorded a growth of 27.57%.
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.
