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SSWL bags export orders for Truck & caravan Trailer Market from USA

30 Jun 2020 Evaluate

Steel Strips Wheels (SSWL) has bagged fresh Export orders for Truck & caravan Trailer Market from USA. Order comprises supplies of close to 14,000 steel wheels to be executed in the month of July & August from its Chennai plant. Total revenue generated by this additional order would be over $315K.

Repetitive orders are expected in coming weeks from several other regular customers as the market begins its recovery. This will support further ramping up of production at Chennai steel wheels plant.

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.

Peers
Company Name CMP
SamvardhanaMotherson 165.60
Tube Investments 2519.15
Bosch 48100.00
UNO Minda 1218.00
Bombay Burmah Trdg. 1435.30
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