Steel Strips Commences "Maiden Truck Wheel Supplies"

Steel Strips Wheels Ltd has announced that the Company has commenced supplies of "Truck Wheels" to its customers. The initial supplies have been made to one of the major manufacturers in India.

The Company expects to commence supplies of Truck Wheels to other major manufacturers of LCVs/MCVs by the end of the current quarter.

The Truck Wheel Project has been set up with an installed capacity of 5.00 Lac Wheels per annum. The Company is targeting all the LCV/MCV manufacturers in the country.

The Company has earlier also announced its "Jamshedpur Truck Wheel Project", which is in addition to the above.

Source : Equity Bulls

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