Steel Strips Wheels Ltd has informed BSE that the Company has bagged a long term contract with one of Europe's leading Trailer manufacturer. This contract has a potential to reach 60000 wheels per year with an approximate value of 22 Crores per year. Supplies will start from Oct 2011 from the Company's Jamshedpur plant. The Company is also in discussions with other OEMs in the same industry for similar volumes which will also start flowing in the current quarter.Source : BSE
