STUDDS sets up Asia's largest helmet manufacturing facility in Haryana
Indian helmet manufacturer STUDDS recently announced the commencement of operations at its new state-of-the-art manufacturing facility at Faridabad in Haryana. Spread across an area of over 5.5 acres, the company has made an initial investment of more Rs. 160 Crore to set-up the largest helmet manufacturing facility in Asia. This facility, apart from producing its popular range of motorcycle helmets that includes the Shifter and Thunder range, will also produce bicycle helmets for the domestic market.
The manufacturer has begun operations at its other manufacturing plant, which is dubbed as India's only facility with an in-house Expanded Polystyrene (EPS) production line. EPS is a crushable foam used in helmet production and is the most important safety feature in the helmet. Spread across 1.5 acres, STUDDS has invested Rs. 40 Crore in the second plant, marking a total investment of over Rs. 200 Crore in the manufacturing plants. The new plants will have a production capacity of 7.5 million units of motorcycle helmets and 1.5 million bicycle helmets per annum. These facilities will offer direct employment for over 1500 individuals, mentions the company.
"This is a huge milestone for all of us at STUDDS as we move forward in the post-COVID era. This step is a testament to our commitment towards Make in India, for the world, reaffirming our role as the market leaders, with integrating some of the best manufacturing practices from across the globe. With the goal of expanding our production efficiency, our new plants would provide employment prospects for local citizens as well as add to the overall economic growth." commented, Sidhartha Bhushan Khurana, Managing Director, STUDDS Accessories Ltd.
He also added, "Currently, we have just begun operations and are planning to ramp up production gradually. With the commencement of our new plants, we have doubled our production capacity from 7 million to 14 million units of motorcycle helmets."
With these new manufacturing units, STUDDS now has four manufacturing factories in the country, all of them located in Faridabad, Haryana. The company is currently exporting its helmets to more than 40 countries and the new plant is aimed at ramping up the exports along with the introduction of a new range of exciting helmets within this financial year.