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Ref. SSWL/
Dated 02.02.2017
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Ja nua
Segment Growth (Yoy)
Passenger Car
2&3 Wheelers
Tractor
Overall
Passenger car segment grew 13olo in January 2O!7 YoY, The PV segment
grew by 13olo despite the pressure of demonetization and we expect this trend to
improve with industry coming to normalcy post the demonetization move. This high
volume growth is an indicator of increasing market penetration by SSWL,
LCV & MHCV segment volumes grew by 15olo YoY in January 2017. The CV
segment saw a growth despite the cash crunch and we expect the infrastructure
theme to work for the segment. The pipe line for next 2 months is extremely strong
on the back of pre sales before the FY 16-17 ends, We expect the sales growth to
be higher than 25olo and the lamshedpur plant capacity utilization of close to 100o/o.
Domestic Tractor segment volumes grew by 19olo in January 2017 YoY. The
tractor segment saw growth of 19%and we expect this trend to contjnue in this
quarter.
2&3 wheelers segment de-grew by 12olo in January 2Ol7 YoY, This segment
saw improvement l4ol\4 and the situation is improving by each passing month, We
expect the normal levels of dispatches by l4arch 2017.
Thanking you,
Yours faithfullv,
For Steel SAips Wheels Limited
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fShaman lindal)
GM-Cum-Company Secretary
R6gd. ofilca : vill. somalhri/Lohi, Po. Dappar Tehsil Dorabassi, Distt. Mohali, Punlab
I1. : +91 \1762) 275249, 275872, 275173 Fax : +91 11762) 27522E
Email : adnin@sswlindia.com Websit8 : ww.sswlindia.com
PlolNo. 77,78,1368,3t4,Valla9s-Madolifiipura,Taluka-Jotana,
Distt.- Mehsana, Guja,at-384430 Email id : admin.mhsana@sswlindia.com
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