MoneyWorks4Me

SSWL bags biggest truck steel wheels order from USA

10 Jul 2018 Evaluate

Steel Strips Wheels (SSWL) has bagged their largest Exports order for Truck & Trailer Aftermarket from USA. Order comprises supplies of 110,000 truck steel Wheels in 5 months from its Chennai plant from next month onwards. Total revenue generated by this additional order would be close to $5 million in 5 months which is also expected to be repeated.

This big order will mark SSWL’s arrival in the high potential NA Truck steel wheels market. SSWL is in discussions with other large truck & trailer makers in USA and expects to close similar big contracts in this segment in near future.

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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