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Monday, February 11, 2013

Wheels India :

  • TVS Group Company
  • Leading manufacture of Automobile steel wheel for passenger cars, utility vehicles, trucks, buses, agricultural tractors and construction equipments.
  • Caters to Original Equipment Manufacturers (OEMs) and after sales market ren niche segments.
  • 2.4 times increase in turnover in last 7 years
  • 1.3 times increase in profit in last 7 years
  • Has technical and financial collaboration with Titan Europe
  •  Capacity to manufacture 10 million wheels per year.
  • 84.5% of Wheels revenue comes from domestic market and remaining from overseas market.
  • Signed technical agreement with TOPY Industries – Japanese wheel manufacturer.
  • Debt to equity ratio was 1.57 in FY 2012

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