Corporate Announcement
Security Code : 513262    Company : SSWL    
 
SSWL Receives 90,000 Truck Wheel Order. Download PDF Download XBRL
  Exchange Received Time  13/12/2018 13:59:44         Exchange Disseminated Time   13/12/2018 13:59:51              Time Taken   00:00:07
SSWL is glad to inform that it has bagged their largest repeat Exports order for Truck & Trailer Aftermarket from USA. Order comprises supplies of close to 90,000 truck steel Wheels in 4 months from its Chennai plant. Total revenue generated by this additional order would be over USD 4 mln.

This big repeat order marks SSWL''s strengthening its position as one of leading suppliers in the high potential NA Truck steel wheels market. Sswl is in discussions with other large truck & trailer makers in USA and expects to close similar big contracts in this segment in near future.

Capacity enhancement at Chennai plant is in progress that will help SSWL in significantly increasing its presence in high potential Truck & Trailer wheels market in both US & EU in the coming months.

Kindly take the same on your record.
 

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