Steel Strips Wheels (SSWL) has reported 14% growth in its total wheel rim sales to 11.99 lakh in November 2016 as compared to 10.52 lakh in November 2015. In terms of Value, the company's gross turnover was Rs 128.62 crore in November 2016, as compared to Rs 105.13 crore in November 2015, recording a growth of 22% and achieved a Net turnover of Rs 115.25 crore in November 2016 as against Rs 94.70 crore in November 2015, recording a rise of 22%.
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.
