Steel Strips Wheels (SSWL) has received an export order from SSangYong Motors Company (SYMC), Korea for supplying car wheel rims to Korea. The order size will be approximately $5 million and will be served for a minimum of 5 years. SSWL will initially serve 20% (SoB) of the total demand and will gradually be ramped up along with the performance of the company. This order opens up another region for developing export market for SSWL. The company is very confident that its entry will increase footprint in Korean wheel rim market.
SSWL becomes the first Indian Company to Supply components to SSangYong Motors Company in Korea and will be looking forward to extend this relationship for building a long term partnership with SSangYong Motors.
SSWL is a part of the Steel Strips Group, headquartered in Chandigarh. It is engaged in the manufacturing of single piece steel wheel rims in the range of 10 to 30 inches for scooters, passenger cars, utility vehicles and tractors. It supplies rims to almost all major manufacturers of two wheelers, three wheelers, four wheelers, tractors and heavy commercial vehicle.
SSWL becomes the first Indian Company to Supply components to SSangYong Motors Company in Korea and will be looking forward to extend this relationship for building a long term partnership with SSangYong Motors.
SSWL is a part of the Steel Strips Group, headquartered in Chandigarh. It is engaged in the manufacturing of single piece steel wheel rims in the range of 10 to 30 inches for scooters, passenger cars, utility vehicles and tractors. It supplies rims to almost all major manufacturers of two wheelers, three wheelers, four wheelers, tractors and heavy commercial vehicle.
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