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Sagacious Steel Strides: SSWL's Strategic Splurge

Steel Strips Wheels Limited announced a $47 million expansion of its Gujarat manufacturing facility, increasing annual production capacity by 1.5 million steel wheels. The investment incorporates Industry 4.0 technologies including advanced automation, artificial intelligence-driven quality control systems, & Internet of Things-enabled production monitoring frameworks. The expansion shall generate approximately 800 direct manufacturing positions & 2,000 indirect employment opportunities, alongside comprehensive skill development programs targeting workforce enhancement. The modernized facility positions SSWL to capitalize upon India's burgeoning automotive sector growth & emerging electric vehicle ecosystem demands.

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