Wheels India is planning to explore more original equipment manufacturers (OEMs) in wind energy business. Globally, the prospects for wind energy business looked good. The company has just started exports to one OEM and will explore more OEMs going forward.
The company has also invested in a 'cast aluminium wheel factory' and it was expected to begin exports from September. The demand for the company's forged aluminium wheels in overseas markets was expected to improve in the coming year.
Wheels India engages in the design, manufacture, and sale of automobile wheels in India.
