SSWL bags order from Europe’s trailer manufacturer [Nov 2011]

November 25, 2011 5:54 am

Steel Strips Wheels Ltd. has bagged a long term contract with one of Europe’s leading Trailer manufacturer. This contract has a potential to reach 60,000 wheels per year with an approximate value of ` 22 crore per year. Supplies started from Oct 2011 from the Company’s Jamshedpur plant. The Company is also in discussions with other OEMs in the same industry for similar volumes which will also start flowing in the current quarter.