Steel Strips Wheels ltd.
Seems like a magical moment to celebrate for the company Steel Strips wheel, as they have bagged an order of USD 4.5 million, accounting around INR 29 Cr. In order to supply 1.75 lakh wheels to Canada for their passenger car after markets. According to the reports, the Indian company is busy packing the wheels that are to delivered by the month of June 2015.
Seems like a magical moment to celebrate for the company Steel Strips wheel, as they have bagged an order of USD 4.5 million, accounting around INR 29 Cr. In order to supply 1.75 lakh wheels to Canada for their passenger car after markets. According to the reports, the Indian company is busy packing the wheels that are to delivered by the month of June 2015.
As per sources, this order would be increased in the coming year that might ask for 40,000 wheels along with a total value of I million US dollars. This association is supposed to run for a 5 years term at least. The company from Canada quoted that this is just the beginning, we would love to associate with the companies like this in order to generate aftermarket profits and benefit.
In turn the companies like Steel Strips wheel do get a chance in order to get their name and products placed in the market overseas. Currently the company in India is trading at INR 322.39 on BSE that has gone up by at least 6.72 percent as compared to its previous numbers.