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Steel Strips Wheels bags another exports order for EU Caravan market

Auto News - Published on Thu, 07 Dec 2017

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Home-grown automotive wheels manufacturing company Steel Strips Wheels (SSWL) announced that it has bagged yet another exports order for supply of steel wheels for EU Caravan market. The order comprises of 18,500 newly-developed steel wheels to be shipped from SSWL's Chennai plant from this months onwards. The wheels manufacturer has already established itself as a leading supplier of Caravan Steel Wheels in the European region.

Last week, the company received an export order for its truck wheels plant in Chennai. The total size of the order 6,000 truck wheels to be supplied over a period of 12 months. The company said the supplies will start from December 2017.

Apart from this, the company is in advanced stage of discussion to finalise long-term contracts with multiple European customers and expects to close them by early next year.

The company has already marked its entry into the high potential truck and trailer steel wheels market in the EU and aiming to strengthen it in near future.

Also, the company is set to enter the European tractor market as it has inked a strategic partnership with Italy’s largest tractor major Carraro for supplying 100 per cent of its wheel requirements.

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Posted By : Rabi Wangkhem on Thu, 07 Dec 2017
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