
Steel Strips Wheels Limited (SSWL), established in 1991, has evolved into a prominent force in the global automotive wheel industry. With a strong foundation built on innovation and quality, SSWL has steadily expanded its footprint across both domestic and international markets. The company's diverse product portfolio includes steel and alloy wheels catering to passenger cars, commercial vehicles, tractors, and two- and three-wheelers, meeting the rigorous standards of some of the world's most respected automobile manufacturers. At the helm of SSWL are Chairman Mr. R.K. Garg and Managing Director & CEO Mr. Dheeraj Garg, whose visionary leadership has propelled the company toward continued excellence. Their unwavering commitment to the "Quality First" philosophy is deeply embedded in the company’s operations—from advanced manufacturing processes and state-of-the-art facilities to rigorous quality control measures. This dedication has not only ensured long-lasting relationships with major OEMs but has also garnered numerous national and international accolades. SSWL's investment in cutting-edge technology, sustainable practices, and a highly skilled workforce further sets it apart in a competitive landscape. As the automotive industry moves toward greater efficiency and innovation, SSWL remains committed to delivering world-class products and staying ahead of the curve, reinforcing its position as a leader in wheel manufacturing.
Comprehensive Product Portfolio
SSWL makes a wide range of wheels to meet the many needs of the car industry. They offer both steel and alloy options. Their steel wheels come in different sizes, widths, and finishes. Customers can customize these wheels for various uses and looks. SSWL also has a special factory for alloy wheels. This allows them to give their clients a full range of both steel and alloy wheels.
State-of-the-Art Manufacturing Facilities
The company's manufacturing strength comes from its plants spread out across India:
Dappar Plant: Found in Mohali, Punjab, this site makes steel wheels for different types of vehicles.
Chennai Plant: Based in Tamil Nadu, it focuses on making steel wheels for cars and multi- purpose vehicles.
Jamshedpur Plant: Located in Jharkhand, this facility meets the steel wheel needs for commercial vehicles.
Mehsana Plant: Found in Gujarat, it makes steel wheels for tractors and other farm equipment.
Saraikela Plant (Hot Rolling Mill): Also in Jharkhand, this site plays a key role in SSWL's plan to control more of its supply chain providing materials to create wheels.
Strategic Partnerships and Technical Collaborations
To boost its tech skills, SSWL has teamed up with Kalink Korea, a top alloy wheel maker and one of the best seven global suppliers in this field. This team-up aims to make export-quality alloy wheels using the newest tech, like Diamond Cut Alloy Wheels, which helps SSWL compete better worldwide.
Financial Performance and Market Presence
SSWL's financial results show its strong growth path. In January 2025, the company hit its best- ever monthly net turnover of ₹409.16 crore, which was a 7.54% increase from the year before. The gross turnover for that month was ₹500.42 crore growing 6.79% compared to January 2024.
The company's stock has caught investors' eyes. On April 1, 2025, SSWL's shares traded at ₹186.13 up 2.83% from the last close. The stock's 52-week range goes from ₹167.41 to ₹248.00 showing strong market activity and investor interest.
Recent Developments and Future Outlook
SSWL won an export order worth ₹132 crore from a Europe-based OEM in December 2024. This deal proves its growing global reach and the faith worldwide clients have in its products. The company has also shown it can handle global trade shifts. SSWL said in March 2025 that new tariff changes wouldn't affect its product line. This shows how well it can adjust and plan for changes in international trade rules.
Commitment to Excellence and Innovation
SSWL shows its commitment to being the best by always looking for new ideas and ways to make things better. The company's cutting-edge plants follow the strictest quality rules making sure its products are as good as or better than what customers want. This strong focus on quality has led to SSWL winning many prizes, which strengthens its standing as a reliable partner in the car industry.