Steel Strips Wheels (SSWL) has achieved total wheel rim sales of 11.75 lakh in September 2019 as compared to 14.59 lakh in September 2018, representing a de-growth of 19% YoY. The number is lower due to the fact that September was the highest sale figure for company ever. The MoM growth in volumes in September is 10% and the company expects this MoM improvement sustaining going ahead.
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.
