SSWLSkin Surface Water Loss
SSWLSuper Small Wall Light (Nitebrites)
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SSWL will initially serve 20 per cent (SoB) of the total demand and will gradually be ramped up along with the performance of the company.
The ratings could be positively impacted by a rebound in SSWL's operating profitability, while unexpected debt-led capital expenditures would be considered negative rating triggers.
The automaker has chosen SSWL to provide wheels for its Mini brand.
According to reports, SSWL currently has 11.5 million car wheels manufacturing capacity at its plants in Dappar (near Chandigarh) and Oragadam (near Chennai).
SSWL is a public limited company incorporated on May 29, 1995 by Mr Kallappa Parisa Magennavar.
SSWL has nearly doubled its total export volume from 0.46 million wheels in financial year 2009-10 to 0.92 million wheels in the just ended financial year 2010-11.