Steel Strips Wheels Secures $1M Export Order from US Client

Steel Strips Wheels Ltd. (SSWL) has announced the acquisition of a new export order from a US customer. The order is valued at approximately USD 1 million (INR 9.02 Crores) and involves the supply of various trailer wheel segments. The execution of this order is scheduled for December 2025 and will be carried out from SSWL’s Chennai plant.

The order signifies a renewal of business relations with US clients, indicating potential for increased order volumes in the future. The transaction is classified as an export order and involves an international entity. The company has confirmed that this order does not involve any related party transactions and is not associated with the promoter or promoter group.

SSWL has not disclosed the name of the US customer awarding the order. The terms and conditions of the order specify that the business value is close to USD 1 million, and the shipment is to be completed within December 2025. The company has emphasized that this order is not linked to any related party transactions and is conducted at arm’s length.

About Steel Strips Wheels Ltd.: Steel Strips Wheels Ltd. is engaged in the manufacturing of steel wheel rims for various automotive segments, including passenger cars, utility vehicles, and commercial vehicles. The company focuses on expanding its export markets and enhancing its production capabilities to meet global demand. SSWL continues to strengthen its position in the international market through strategic partnerships and technological advancements.