The Indian steel rim producer Steel Strips Wheels Ltd (
SSWL) has announced that it registered net sales of INR 899 million ($16.73 million) in October this year, up 22.6 percent compared to the corresponding month of 2011.
In terms of units sold, in October
SSWL sold 874,000 steel wheel rims, rising by 24.4 percent compared to 702,000 wheel rims sold in the same month of the previous year, while the company's wheel rim exports increased to 74,390, up 31 percent year on year.