Steel Strips Wheels Secures $5 Million Global Order
Steel Strips Wheels Ltd has won a $5 million order from a global automobile OEM, to be executed over five years. Production starts in 2026 at their Chennai plant.
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- India
Steel Strips Wheels Ltd announced on Wednesday that it has secured a substantial business order valued at USD 5 million from a prominent but undisclosed global automobile manufacturer.
The order, originating from a global Original Equipment Manufacturer (OEM) based in the southern hemisphere, is slated for execution over a span of five years, according to a regulatory filing by Steel Strips Wheels.
The development of this program has commenced, with full-scale production anticipated to begin in the fiscal year 2026 at the company's Chennai facility.
(With inputs from agencies.)
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