Wheels India Eyes Export Growth Amid Gains in Construction and Tractor Sectors

22 Jul 2025 CW Team

The city-based company remains confident of export growth this year despite ongoing tariff uncertainties.

Wheels India Ltd Chairman S Ram, addressing shareholders at the 66th Annual General Meeting on Thursday, noted that the company’s overseas subsidiaries in the United States and Europe would provide further momentum for business development and customer support in those regions.

“The company has made inroads in the construction and tractor segments in overseas markets, and the prospects look promising,” he said in response to a shareholder query.

Although uncertainty persists, he expressed optimism about the exports outlook.

Regarding the bus segment, where Wheels India is a strong player, Ram highlighted ‘robust growth’ in this area, supplying air suspension systems and wheels.

The agricultural tractor segment recorded an 8 per cent growth in FY2025, driven by a favourable monsoon, he added.

In March 2025, the company commissioned a new tractor wheel production line, which will broaden its product range and strengthen its presence in both domestic and international markets.

On the passenger vehicle front, Ram said utility vehicles account for 65 per cent of total units sold.

With aluminium wheels now nearing 40 per cent penetration of the fitment market, the company began supplies to one of the ‘big four’ car manufacturers in the last financial year, he said, without further details.

In the air suspension segment, the company has performed well, supplying not only traditional automobile manufacturers and OEMs (Original Equipment Manufacturers) but also becoming a ‘significant supplier’ to electric vehicle makers.

Wheels India anticipates increased infrastructure activity in both domestic and overseas markets within the construction and mining sectors, where it supplies wheels, welded structural components, and hydraulic cylinders, Ram added.

For FY2025, Wheels India reported a 56 per cent rise in net profit, reaching Rs 1.06 billion, surpassing the Rs 1 billion mark compared to the previous financial year, the company stated.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Wheels India Ltd, a leading manufacturer of wheels for trucks, agricultural tractors, and passenger vehicles, is placing significant emphasis on its export business and has made substantial progress in the construction and tractor segments, a senior official stated.The city-based company remains confident of export growth this year despite ongoing tariff uncertainties.Wheels India Ltd Chairman S Ram, addressing shareholders at the 66th Annual General Meeting on Thursday, noted that the company’s overseas subsidiaries in the United States and Europe would provide further momentum for business development and customer support in those regions.“The company has made inroads in the construction and tractor segments in overseas markets, and the prospects look promising,” he said in response to a shareholder query.Although uncertainty persists, he expressed optimism about the exports outlook.Regarding the bus segment, where Wheels India is a strong player, Ram highlighted ‘robust growth’ in this area, supplying air suspension systems and wheels.The agricultural tractor segment recorded an 8 per cent growth in FY2025, driven by a favourable monsoon, he added.In March 2025, the company commissioned a new tractor wheel production line, which will broaden its product range and strengthen its presence in both domestic and international markets.On the passenger vehicle front, Ram said utility vehicles account for 65 per cent of total units sold.With aluminium wheels now nearing 40 per cent penetration of the fitment market, the company began supplies to one of the ‘big four’ car manufacturers in the last financial year, he said, without further details.In the air suspension segment, the company has performed well, supplying not only traditional automobile manufacturers and OEMs (Original Equipment Manufacturers) but also becoming a ‘significant supplier’ to electric vehicle makers.Wheels India anticipates increased infrastructure activity in both domestic and overseas markets within the construction and mining sectors, where it supplies wheels, welded structural components, and hydraulic cylinders, Ram added.For FY2025, Wheels India reported a 56 per cent rise in net profit, reaching Rs 1.06 billion, surpassing the Rs 1 billion mark compared to the previous financial year, the company stated.

Infrastructure Transport

01 Sep 2025

Indian Railways Marks New Milestone with 4.5 km Long ‘Rudrastra’ Trial

Indian Railways has successfully conducted the trial run of Asia’s longest freight train, named ‘Rudrastra’, achieving a new milestone in cargo transportation, as per news reports. The 4.5 km-long train began its trial from Ganjkhwaja railway station in Chandauli, Uttar Pradesh, and travelled to Garhwa in Jharkhand. Covering a distance of 209 km in 5 hours and 10 minutes, it maintained an average speed of 40.5 km per hour. The train was formed by combining three long-haul racks, with ..

Infrastructure Energy

01 Sep 2025

UltraTech Launches India’s First On-Site Hybrid RTC Renewable Energy Project

UltraTech Cement has operationalised a 7.5 MW round-the-clock (RTC) hybrid renewable energy project at its Sewagram Cement Works in Gujarat. The first-of-its-kind solution combines bifacial solar modules with trackers, wind energy and battery storage, co-located on-site, to ensure uninterrupted power for cement manufacturing without grid reliance. The project was executed in collaboration with clean energy solutions provider Gentari. Installed as a behind-the-meter system, it is the country..

Infrastructure Transport

09 Sep 2025

Patna Metro Trials Successful, Red Line Priority Corridor to Launch This Month

Patna is set to roll out its first metro rail service later this month, with successful trial runs conducted on the Red Line priority corridor, the Patna Metro Rail Corporation announced.On 7 September, a metro train completed a test run between the Patna depot and Bhootnath station. Officials said the trials involved rigorous checks of rolling stock fitness, overhead electrification (OHE), and track alignment and stability to ensure operational safety and performance.The corridor from the New Pataliputra Bus Terminal to Bhoothnath has been designated as the priority stretch and will be the fi..