Steel Strips Wheels bags order for export of 1 lakh steel wheels
Auto component manufacturer Steel Strips Wheels Ltd (SSWL) today said it has bagged export order for supply of 1 lakh steel wheels for European caravan market.
The order comprises of approximately 1 lakh steel wheels to be shipped from SSWL's Chennai plant from May 2018 onwards until period of 5 months, the company said in a regulatory filing.
It further said the company is on the verge of receiving similar export orders with other European customers.
This repeat order makes SSWL as a leading supplier of caravan steel wheels market in European region, it added.
The stock was trading 1.02 per cent higher at 1,044.95 on BSE.
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