SSWL receives orders worth USD 140,000 along with maiden order for alloy wheels from EU

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 June 2, 2024

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Reuters.

NEW DELHI:Auto component maker Steelelellel Strips Wheels Ltd on Wednesday, said he has secured 14 orders worth $105,000 (about $105,000 (about $105,000) crore) from the European Union market and its first order for alloy wheels.

Steel Strips Wheels Ltd (SSWL) In a regulatory filing, the company said that it received its first order in the alloy wheels segment for the EU market in 7 from its Mehsana The plant.

The document says: “This includes more than 300 for the US and EU markets and more than 1,000 CV (Commercial Vehicle) wheels with an order value of about 14,000 units USD.”

He added, “Customers are expected to receive more orders in the future as quality and delivery times are finalized.”

Earlier this week, Steel Strips Wheels was awarded a $1,001,000,000 order for more than 1,190,000 wheels produced for the U.S. RV trailer market. SSWL 3755 recently secured a long-term order worth Rs. 100 million through its domestic customer supply program.

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