Steel Strips Wheels bags export order worth Rs.15 lakh

New Delhi, Oct 18 (IANS) Auto-component manufacturer Steel Strips Wheels Monday said it has bagged an export order worth Rs.15 lakh to supply 400 truck trailer wheel rims to a customer in the Middle East.

‘This export order is for the supply of 400 truck wheels rims. The business will generate nearly Rs.15 lakh,’ the company said in a statement.

The order will be supplied from its new Jamshedpur plant which was inaugurated in July this year.

‘SSWL is confident of getting more business in coming months from European and Middle East customers for this particular truck trailer wheel rim and negotiations with them are at an advance stage,’ the statement said.

Currently, the company has three manufacturing facilities in Dappar (Punjab), Chennai and Jamshedpur with an installed capacity of 11 million wheels per annum and has plans to increase the capacity to 21.5 million wheels by 2012-13.

The company offers a range of wheel rims for passenger cars, multi utility vehicles (MUV), tractors, trucks, off the road (OTR) vehicles as well as two and three wheelers.

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