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Steel Strips Wheels secures export order from Europe

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Capital Market

For supply of truck wheels

Steel Strips Wheels has bagged an export order from Europe for its Truck wheels plant in Chennai. Total order size is 10,000 wheels to be dispatched as soon as possible and we expect to conclude a deal of 100,000 truck wheels within this month. Total value of this deal would be over Euro 3.9million.

SSWL is in touch with other large trailer makers in European territory and expects to get more orders in this segment in near future.

SSWL expects to increase its presence in Truck & Trailer market in the coming months given the world class manufacturing facility at it's Chennai plant

 

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First Published: Nov 03 2017 | 11:23 AM IST

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