MoneyWorks4Me

SSWL bags maiden exports order from US market

10 Jan 2018 Evaluate

Steel Strips Wheels (SSWL) has bagged a maiden exports order from high potential US Truck & Trailer Aftermarket for its Truck Steel wheels plant in Chennai. The total annual potential of this business is 45,000 wheels. The wheels to be dispatched from its new Truck wheels plant in Chennai from this month onwards. The order value would be close to $2 million.

This order marks SSWL’s entry into US territory. The company is in discussions with other large truck & trailer makers in USA and expects to get more orders in this segment in near future. The company expects to increase its presence in Truck & Trailer wheels market in US & EU in the coming months.

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.


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