New Delhi, April 7: Auto parts maker Steel Strips Wheels Ltd (SSWL) said Wednesday that it has received orders worth Rs 42 crore from the US and European markets.
The company has received orders for nearly 400,000 wheels for the US and EU wagon trailer market, the US mobile home market and the US truck trailer market, SSWL said in a statement.
New orders are valued at US $ 5.7 million (Rs 42 crore), the company added.
The company added that by early July this year, the company will complete orders at its factories in Chennai and Dappar (Punjab).
The company also said it expects orders of similar capacity from a similar customer base in the coming months as businesses continue to recover quickly. (PTI)