Renault Nominates SSWL for 100% supply of Wheels Rims for its Green Field Project in Morocco
Renault, one of the largest manufacturer of cars in Europe and a leading manufacturer of light commercial vehicles, have nominated Steel Strips Wheels Ltd (SSWL) for the 100% supply of Steel Wheels Rims for its green field project coming in TANGER, Morocco.
For this project, SSWL would start supply of Steel Wheel Rims from last quarter of 2011 from its Chennai Plant and expects to supply more than 3.00 million wheel Rims in five years, which will leads to earning of foreign exchange of nearly Euro 28 million to the company.