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Steel Strips Wheels receives huge order from VW Argentina-The 18th Guangzhou Die-casting, Foundry & Industry Furnace Exhibition
10/18/2016 Die-casting expo-foundry expo |
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Economic Times reported that Steel Strips Wheels has received huge order from
Volkswagen Argentina which is expected to give an additional earning of around INR
4 crore to the company.
The company informed the Bombay Stock Exchange, on Friday, that Volkswagen
Argentina has done an upward revision of order to 34,000 units from erstwhile 7,000
units. The Indian component maker is to begin the delivery of these wheels from
October 16 to March 2017, from its Chennai plant.
It further said that this increase in exports order is due to higher proliferation of the
steel wheels usage per vehicle at Volkswagen''s plant in Argentina and is expected to prevail in future.
-The
18th Guangzhou Die-casting, Foundry & Industry Furnace Exhibition
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