SSWL Commissions Chennai Truck Wheel Plant
Steel Strips Wheels Limited (SSWL) announced the commissioning of its Chennai Truck Wheel Plant from February 2018. This plant will add 1.2 Million wheels capacity to the already existing 1.8 million wheels capacity for the truck/trailer segment of SSWL. The total capacity of truck wheel segment now stands at 3.0 million wheels and With this SSWL will be the largest Truck Steelwheel maker in India.
The plant is operating at 90% utilization for the month of February and expected to attain 100% utilization from April 2018 onwards with firm order book from domestic and export customers.
The plant is strategically placed to help SSWL service customers in the southern region of India and being near to the seaport will provide leverage for serving export customers as well. Supplies will be to all key OEMs in India i.e. Ashok Leyland, Daimler India, Tata Motors and several Truck/Trailer OEMs in the Middle East, Europe and the US