Steel Strips Wheels (SSWL) has bagged another exports order from Egypt for its Truck wheels plant in Chennai. Total order size is 50,000 wheels to be dispatched from its new Truck wheels plant in Chennai from January, 2019 onwards. This export order will generate an additional revenue of $4.80 million for the company.
This order strengthens company’s presence in high potential Truck & Trailer segment. SSWL has already closed some orders in EU & segment in near future from same markets.
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.