Steel Strips Wheels has signed contracts worth Rs 120 crores with PSA PEUGEOT CITROEN, Europe for supplying 2.25 million Steel Wheel Rims.According to a release issued by Steel Strips Wheels to the BSE, the orders has to be despatched to their plants in Spain and France for their car models namely; Berlingo Citroen and 407. The order is to be executed over a period of three years beginning calendar year 2006.The company further stated that during FY04-05, it has sold 3.55 million of wheel rims and total turnover was Rs 146.10 crores.
