Steel Strips Wheels Limited (SSWL) has announced the commissioning of its Chennai Truck Steel Wheels plant from February 2018. This plant will add 1.2 Mln wheels capacity to the already existing 1.8 Mln wheels capacity for the Truck/Trailer segment of SSWL. The total capacity of truck wheel segment now stands at 3.0 Mln wheels and With this SSWL will be the largest Truck Steel Wheels 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 Southern region in India and being near to the Sea port 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 Middle East, Europe and US.