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SSWL secures new export order worth $3.5 million

11 Jul 2019 Evaluate

Steel Strips Wheels (SSWL) has bagged an export order for Truck & Trailer Aftermarket from USA. Order comprises of supplies of close to 70,000 truck steel wheels to be executed in a span of 12 months. Dispatches have already started from Chennai from this month. Total revenue generated by this order would be close to $3.5 million.

This big repeat order marks the company’s strengthening its position as one of leading suppliers in the high potential truck steel wheels market. The company is in discussions with other large truck and 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. It supplies rims to almost all major manufacturers of two wheelers, three wheelers, four wheelers, tractors and heavy commercial vehicle.

Steel Strips Wheels Share Price

211.65 -1.75 (-0.82%)
08-May-2026 16:59 View Price Chart
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