Kalink Co., Ltd. , South Korea
Kalink Co. Ltd. and SSWL entered into a strategic alliance in September 2015. At a commercial level Kalink Co. Ltd is invested in SSWL & holds about 1.35% stake in SSWL’s equity. We recognize Kalink as our major technical partner and they have helped us in setting up the Alloy Wheel plant at Mehsana, Gujrat.
Kalink Co. Ltd. is a part of USD 1.4 Billion Hiho Group which is head quartered at Seoul, South Korea.
Nippon Steel & Sumitomo Metal Corporation (NSSMC), Japan
Sumitomo Metal Industries Limited, merged with Nippon Steel Corp and now known as Nippon Steel & Sumitomo Metal Corporation (NSSMC), has entered into a Strategic Alliance Agreement in December 2010. NSSMC is invested in the growth of the company and holds about 5.5% equity shares of SSWL. This relationship helps in bringing international expertise in steel quality and newer technology exploration.
Sumitomo Group, which has 400 years of manufacturing history, founded Sumitomo Metals in 1897 and it is one of the world’s leading steelmakers.
Tata Steel Ltd, India
Tata Steel Limited (through its then wholly-owned subsidiary Company namely Kalimati Investment Company Ltd, which has now merged with Tata Steel Ltd) had entered into a Strategic Alliance Agreement in January 2008 with SSWL. Through this relationship, Tata Steel supports us with more flexibility in areas such as supply chain management, enjoying priorities and stronger support for new grade developments, etc.
Tata Steel holds a 7.00% equity stake in SSWL.