Steel Strips Wheels wins orders worth Rs 54 cr from US, Europe

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 2024-05-31

2zpeggnwajr.gif The SSWL agency expects to execute the factory orders in 20217 Chennai and Dappar completed at the beginning of the month.

Steell auto parts maker Strips Wheels Ltd (SSWL) on Monday said it has received orders worth around Rs 540 crore from the US and Europe.

SSWL According to a regulatory filing, the company has received more than 525,000 export orders per wheel from the US and European caravan trailer market, US mobile home and US truck trailer market.

Adding that the size of the new orders is more than $7.25 million (about Rs. 54 USD crores).

The company said that SSWL will complete the order in 20217 The orders for Chennai and Dhapa plants were completed earlier this month.

The company added, “With the rapid recovery of the business, orders for similar capacity have been placed and a similar customer base is expected in the coming months.”