SSWL Receives Order From Volkswagen
Steel Strips Wheels Limited (SSWL) had announced that it has secured another prestigious export order from Volkswagen (VW) Mexico for supplies to their Pacheco, Argentina plant. This order will include a new development of 18" Spare Steel wheel. Supplies would be from SSWL'S Chennai plant for approx 350,000 steel wheels expected to start in the Year 2020 for a period of 6 years amounting over $6.5 million (approx INR 460 million) revenues. SSWL has been in strong business relationship with VW since over 8 years and is already supplying wheels to their Indian, German & Argentinian plants. This new business nomination reflects VW's increased level of trust & commitment in SSWL. This business will help SSWL strengthen its position in Latin American Steel wheels market.
- Bagged By:
- Industry:Transport Equipment
- Value:INR 460 Million
- Published On:2018-12-31