SSWL has signed a long term agreement (LTA) with one of the Leading Tractor Manufacturer from the North India for supplies of Tractor Wheel Rims. Escorts is an existing customer of the company and under the LTA the share of business with the customer will take a big leap and make us a majority supplier. The LTA is valid for 3 years and will improve the overall profitability & visibility of the company as the sales mix will move towards the heavier wheel. The company is also in discussion to execute few more LTA of similar nature with other tractor majors of the country.
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.
