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SSWL inks MoU with Redler Technologies

22 Nov 2022 Evaluate

Steel Strips Wheels (SSWL) has inks a Memorandum of Understanding (MoU) with Redler Technologies to establish a joint venture in India focused on the development, manufacturing and marketing of innovative, state-of-art motion control solution for Two, Three & four-wheeled electric vehicle in India.

This association will synergies SSWL’s manufacturing capability, large customer Access and strong presence in India with Redler’s access to advanced technology to significantly contribute towards ATMANIRBHAR BHARAT theme of India. This will help to bring state of the art technology products with an aim to promote Make In India-Make For World.

SSWL 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.

Peers
Company Name CMP
SamvardhanaMotherson 160.45
Tube Investments 2185.35
Bosch 44877.25
UNO Minda 1115.25
Bombay Burmah Trdg. 1232.25
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