Steel Strips Wheels (SSWL) has been nominated to supply commercial vehicle wheels for MAN Trucks India. MAN Trucks is expanding its manufacturing capacity in India and SSWL will benefit immensely by getting associated with them to address broader export markets as the trucks will also be exported to global locations.
SSWL is working at 95% utilization at its commercial vehicle plant in Jamshedpur and is already working towards increasing the capacity of the plant to 1.8 million wheels from 1.65 million wheels by doing various debottlenecking exercise at the plant and will be successfully achieved by the end of second quarter of 2015-16. The company’s order book is standing at 2 million wheel rims with entry into export segment also getting added this year. The company is also working towards Greenfield expansion in commercial vehicle segment wheels to cater the increased market demand.
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.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 125.00 |
| Tube Investments | 2789.65 |
| Bosch | 37505.60 |
| UNO Minda | 1097.30 |
| CIE Automotive India | 490.15 |
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