Spread
across an area of over 5.5 acres, the company has made an initial investment of
over Rs.160 crore to set-up the largest helmet manufacturing facility in Asia. Apart
from producing some of the most popular motorcycle helmets from Studds,
including the Shifter and Thunder series, the facility will also produce
bicycle helmets for domestic market.
In
addition to setting-up the biggest helmet manufacturing facility in Asia, Studds
also recently began operations at its
another manufacturing plant, which is 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 production capacity of 7.5 million units of motorcycle
helmets and 1.5 million bicycle helmets per annum. These facilities will ensure
direct employment for over 1500 individuals.
Sidhartha Bhushan Khurana, Managing Director, Studds
Accessories Ltd., said, “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
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.
“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.”
The
world-class facilities are highly automated and bring some of the best
manufacturing processes to the Indian market, including paint shop, moulding,
visor coating, packaging and warehousing.
With
these new manufacturing units, Studds now has four manufacturing factories in
the country, all of them located in Faridabad, Haryana.
Studds
is currently exporting its helmets to more than 40 countries and the new plant
is aimed at ramping up the exports. The company also plans to introduce a new
range of exciting helmets within this financial year.
Source:
Studds