Steel Strips Wheels has informed that the Company has bagged another Exports order from Egypt for its Truck wheels plant in Chennai. Total order size is 50,000 wheels to be dispatched from its new Truck wheels plant in Chennai from January, 2019 onwards. This export order will generate additional revenue of $4.80Mln for the company. This order strengthens SSWLs presence in high potential Truck & Trailer segment. SSWL has already closed some orders in EU & USA and expects to get more orders in this segment in near future from same markets.
The above information is a part of company’s filings submitted to BSE.