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Wheels India Accelerates Global Push with Construction and Tractor Segment Breakthroughs

Updated: July 19, 2025 09:50

Image Source : EquityBulls
Wheels India Ltd is shifting gears in FY2025 with a bold expansion strategy focused on exports, particularly in the construction and agricultural tractor segments. Despite global tariff uncertainties, the Chennaibased manufacturer is confident about its overseas prospects, backed by infrastructure upgrades and rising demand.
 
Strategic Expansion Moves
  • The company has made significant inroads into international markets, leveraging subsidiaries in the US and Europe to boost business development and customer support.
  • A new tractor wheel manufacturing line, commissioned in March 2025, is expected to widen the product range and strengthen its footprint in both domestic and global markets.
  • Wheels India anticipates increased infrastructure activity in construction and mining sectors, where it supplies wheels, welded structural components, and hydraulic cylinders.
SegmentWise Growth Highlights
  • Agricultural tractor sales rose 8 percent in FY2025, aided by a favorable monsoon.
  • The bus segment saw robust growth, with the company supplying air suspension systems and wheels.
  • Passenger vehicles remain a stronghold, with utility vehicles accounting for 65 percent of total sales. Aluminium wheel penetration nears 40 percent, and the company began supplying to one of the top four carmakers last year.
  • The air suspension segment is thriving, with Wheels India emerging as a key supplier to both traditional OEMs and electric vehicle manufacturers.
Financial Milestone
Net profit surged 56 percent to Rs 105.9 crore in FY2025, crossing the Rs 100 crore mark for the first time.
 
Sources: Economic Times, Rediff Money, Devdiscourse, Industrial Economist, The Hindu BusinessLine, MSN News

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