The company said orders of similar capacity are anticipated from the same customer base as businesses have picked up speed.
Auto component maker Steel Strips Wheels on Tuesday said it has received orders worth over $455,000 (about Rs 3.32 crore) for about 42,000 wheels for the US and EU trailer market. In a regulatory filing, Steel Strips Wheels Ltd (SSWL) said it has received new export orders worth over $455,000 from the US and European Union (EU) trailer market to be executed in September and October from its Chennai plant.
The company said orders of similar capacity are anticipated from the same customer base as businesses have picked up speed.
On Monday, SSWL said it has received orders worth over $46,000 for about 3,700 wheels for the US caravan trailer market.