Steel Strips Wheels (SSWL) has achieved Net turnover of Rs 325.26 crore in May 2022 Vs Rs 165.68 crore in May 2021, recording a growth of 96.31% YoY and achieved Gross turnover of Rs 401.07 crore in May 2022 Vs Rs 190.69 crore in May 2021, there by recording a growth of 110.32% YoY. The company’s exports declined 56% in May 2022 (YoY).
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.
