Steel Strips Wheels Ltd has informed that Renault, France, one of the largest manufacturer of cars in Europe and the leading manufacturer of light commercial vehicles, has given an export order to the Company for supply of approx 1 million Steel Wheel Rims over 5 years, valued at approx Rs 110.00 Crores. This export order is for one of their new vehicles to be produced in Europe.
The Company expects its EXPORTS to grow over 200% in FY 08-09 and hopes to cross Export of 4,25,000 Wheels Rims in FY 08-09. During the quarter ended March 31, 2008, the Company has registered grow 24.27% in sales of Wheels Rims as against the sale of wheels rims in the quarter ended March 31, 2007.
The Company expects its EXPORTS to grow over 200% in FY 08-09 and hopes to cross Export of 4,25,000 Wheels Rims in FY 08-09. During the quarter ended March 31, 2008, the Company has registered grow 24.27% in sales of Wheels Rims as against the sale of wheels rims in the quarter ended March 31, 2007.
No comments:
Post a Comment