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SSWL signs MOU for close to $105 million from Western Hemisphere

23 Aug 2021 Evaluate

Steel Strips Wheels (SSWL) has signed an MOU for close to $105 million from Western Hemisphere which would cover supply of Steel and Aluminum wheels for a minimum period of 3 years. Supplies of Steel Wheels will begin from Chennai and Dappar Plant by September 2021 and Supplies from Mehsana plant for the Aluminum Wheels will begin by end of December 2021. This shows strong confidence of the customers in SSWL to develop long term strategic partnerships.

 SSWL is a part of the Steel Strips Group, headquartered in Chandigarh. It is engaged in the manufacturing of single piece steel wheel rims 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.

Steel Strips Wheels Share Price

220.75 7.90 (3.71%)
17-Apr-2026 16:59 View Price Chart
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