Steel Strips bags Rs 75 cr order from Citroen

New Delhi, Jan 17: Steel Strips Wheels Ltd today said it has received it's first export order worth Rs 75 crore for its new upcoming plant at Oragadam near Chennai from PSA Peugeot Citroen, France.

The export order is for the supply of 13,75,000 Steel Wheel Rims over a period of five years, company said a statement. The Chennai project is likely to start trial production in first quarter of year 2008-09. PSA Peugeot Citroen, France is the second largest manufacturer of cars in Europe and the leading manufacturer of light commercial vehicles.

UNI