Steel Strips gets 28 mln euros order from Renault

Thu Nov 12, 2009 2:10pm IST

[-] Text [+]

MUMBAI (Reuters) - Steel Strips Wheels Ltd said on Thursday it got an order worth 28 million euros (1.9 billion rupees) for supplying steel wheel rims to Europe's Renault for its greenfield project in Morocco.

Steel Strips would start supply of the components from the last quarter of 2011 from its Chennai plant and expects to supply more than 3 million wheel rims in five years, it said in a statement.

(Reporting by Aniruddha Basu; Editing by Harish Nambiar)

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