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Home arrow Auto component arrow Steel Strips Wheels bags 600,000 wheel order from Peugeot Citroen, France
Steel Strips Wheels bags 600,000 wheel order from Peugeot Citroen, France Print E-mail
Written by Vijay   
Thursday, 20 January 2011
Mumbai: Steel Strips Wheels Ltd has bagged a an order for 6 lakh wheels from the Peugeot Citroen (PSA) group of France. Steel Strips Wheels Ltd has been supplying it's products to Peugeot Citroen (PSA) group for the past 4 years.

The new business involves supply of nearly 0.6 million wheels in next 5 years & foreign exchange earning of almost 9 million USD. The supplies will go to two different locations of PSA's plants in Europe.

Peugeot Citroen wants Steel Strips Wheels Ltd to become a a major partner in the steel wheels business, since they are all set to enter the Indian market. The announcement regarding Peugeot Citroen's manufacturing facility in India is likely to happen sometime this year.

 
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