Wheels India Ltd, a major supplier of wheels for commercial vehicles, agricultural machinery, and passenger cars, is placing greater emphasis on its international operations, with new traction in the construction and tractor equipment categories, a senior company executive said.
Despite concerns around global tariffs, the company remains optimistic about growth in its export business this year. Speaking at the company’s 66th Annual General Meeting, Chairman S Ram highlighted that the firm’s branches in the U.S. and Europe would continue to enhance sales and service operations in those regions.
“We’ve made significant progress in construction and tractor markets overseas, and the outlook remains encouraging,” Mr Ram told shareholders. While acknowledging current global uncertainties, he expressed confidence in the resilience of the company’s international performance.
Addressing other segments, Mr Ram noted robust expansion in the bus category, where Wheels India provides air suspension systems and wheels. The agricultural tractor segment grew 8% in FY2025, supported by favorable weather conditions.
The company also launched a new production line for tractor wheels in March 2025, aimed at expanding its offerings and strengthening its position in both domestic and global markets. In the passenger vehicle space, utility models accounted for 65% of total deliveries. Aluminium wheels now represent nearly 40% of overall vehicle fitment, and the firm began supplying to a leading automobile brand last year.
The air suspension division continues to perform well, Mr Ram added, supplying not just traditional manufacturers and original equipment producers but also emerging electric vehicle companies. With expectations of increased infrastructure activity, Wheels India sees potential growth opportunities in the construction and mining sectors.
The firm currently supplies a range of components including wheels, welded structures, and hydraulic systems. For FY2025, the company posted a 56% jump in net profit, reaching ₹105.9 crore — crossing the ₹100 crore mark for the first time — compared to the previous year.
Wheels India manufactures wheels for a range of vehicles, including trucks, tractors, and passenger cars, in addition to producing industrial components for the construction and windmill industries. The company operates plants in Tamil Nadu, Maharashtra, Uttar Pradesh, and Uttarakhand. Wheels India Limited is a leading manufacturer of steel wheels for a variety of vehicles, including commercial vehicles, passenger cars, and farm equipment, and is a key player in the Indian automotive component industry.
Established in 1968 and headquartered in Chennai, the company is known for its commitment to quality and innovation, producing a diverse range of products that meet global standards. Wheels India operates state-of-the-art manufacturing facilities equipped with advanced technology to ensure high precision and efficiency in its production processes. The company has established strong relationships with major automobile manufacturers, both domestically and internationally, and is recognized for its ability to deliver customized solutions that enhance vehicle performance.
In addition to its focus on product excellence, Wheels India is committed to sustainability, implementing eco-friendly practices in its operations and striving to reduce its environmental impact. With a strong emphasis on research and development, the company continues to innovate, contributing to the growth of the automotive industry in India and reinforcing its position as a trusted partner in the global market.
