Steel Strips Wheels (SSWL) has secured new orders for truck and caravan trailer market from EU and USA. The order comprises of almost 16,000 steel wheels to be executed in the month of August from its Chennai plant. The revenue thus generated would be a total of 178k Euro. With these repetitive orders & projections from the customers SSWL is on its way to achieve 25% YOY growth in FY21 in the export segment.
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.