Wheels India Limited Overview
Pro stress-test →Wheels India manufactures steel, cast aluminum, forged aluminum, and wire wheels for vehicles ranging from passenger cars to commercial vehicles, agricultural tractors, and defense vehicles, while also producing wind turbine components, railway products, and hydraulic cylinders for industrial equipment. The company was incorporated in 1960 and is headquartered in Chennai, India.
Strategic Profile
Pro stress-test →The company supplies approximately two-thirds of the domestic market requirement and exports 15% of turnover to North America, Europe, Asia Pacific, and South Africa. Wheels India has a technical collaboration with Topy Industries and is expanding alloy wheel capacity from 5 lakh to 7 lakh units, with plans to reach 10 lakh units by FY27.
Competitive Landscape
Pro stress-test →Wheels India is a key manufacturer in the steel and aluminum wheels sector for commercial vehicles, passenger cars, agricultural tractors, and construction machinery. Primary competitors include India Motor Parts & Accessories (IMPAL), TVS Srichakra, and other automotive component manufacturers in the Indian market.
Industry Context
Wheels India Limited operates in Automotive Components & Equipment Manufacturing.
Key facts
Founded: 1960 · Headquarters: Chennai, India · Revenue: ₹1,287 crores (Q3 FY26) · Market cap: ₹2,184 crores (~$262M USD)