Steel Strips Wheels (SSWL) has achieved total wheel rim sales of 12.98 lakh in February 2020 as against 12.83 lakh in February 2019 representing a growth of 1% Y-o-Y. The company has achieved gross turnover of Rs 165.89 crore in February 2020 as against 177.4 crore in February 2019 there by recording de- growth of 7% and achieved Net turnover of Rs 137.77 crore in February 2020 as against 144.38 crore in February 2019 recording de-growth of 5%.
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.
