Steel Strips Wheels Gets INR 25 Crores Export Order From USA, Europe

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Auto components maker Steel Strips Wheels Ltd (SSWL) has recently said that it has bagged orders worth Rs 25 crore from the US and Europe. The export orders of over 170,000 wheels for the US and EU are for caravan trailer market, US mobile home, and US Truck trailer markets, SSWL said in a regulatory filing as reported by Money Control. It will complete the execution of orders by early July 21 from its Chennai and Dappar plants, it added. “Orders of similar capacity are anticipated in coming months from similar customer base as businesses continue to recover rapidly,” the filing said.

Also, Read This: South Korean Steelmaker POSCO Is Planning To Invest INR 90,000 Crores In Odisha

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2 COMMENTS

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