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Steel Strips Wheels secured USD 55 million export order

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Capital Market
Last Updated : Aug 06 2016 | 12:02 AM IST

From Elio Motors, USA

Steel Strips Wheels has bagged its maiden export order from Elio Motors, USA. This order is one of the biggest export order in the Company's history. Supplies would be for Elio's plant in Shreveport, Louisiana and would be executed from the Company's Chennai plant. Total project volume would be approx. 3 million wheels spread over 5 years generating cumulative revenue of about USD 55 million.

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First Published: Aug 05 2016 | 12:34 PM IST

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