Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
25 April, 2024 21:52 IST
SSWL bags export order for EU aftermarket
Source: IRIS | 27 Oct, 2015, 02.28PM
Rating: NAN / 5 stars.
Comments  |  Post Comment

Steel Strips Wheels (SSWL), a producer of automobile wheel rims, has bagged another exports order for supply of Caravan Steel wheels for European Union aftermarket.

Total order value would be about USD 38K for supplying approx 7,000 wheels in a period of six months starting January 2016. This order is expected to repeat in coming months which may result in total year volume in the range of 20,000 wheels. The orders will be executed from SSWL's Chennai plant, the company said.

SSWL is closely working with this customer for development of new high volume runners for this market. Additional orders are expected in coming months. Above order supports SSWL's strategy to increase its presence in the high volume EU Caravan wheels market.

 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer