Expect Margins to Expand By 150-250 bps: Steel Strips Wheels
Mohan Joshi, corporate advisor strategic investment at Steel Strips Wheels, talks to NDTV about the long-term agreement signed with Escorts for supplying tractor wheel rims. He says Escorts will contribute 11-12 per cent to the company's topline. He also expects the margins to expand by 150-250 bps by FY16.
