Steelbird Announces Expansion Plans

Steelbird Announces Expansion Plans
Steelbird Announces Expansion Plans

Steelbird is all set to expand its manufacturing capacity in Baddi to manufacture 44,500 helmets per day. Steelbird has bought 15,600 square meters of new land adjoining to the existing plants and will be investing Rs 150 Crores for technology upgradation at the plant. It will help company to expand its product portfolio and add more models to the existing ones across the low to premium range, the company noted.

The plants will have soon have a total of six lac square feet built up area and is expected to be ready by August 2019. The plants will have an average production capacity of manufacturing 44,500 helmets a day and will add nearly 2500 new jobs in the Baddi, Himachal Pradesh. It will help meet the growing market demand of helmets and add to the company’s growth, claims the company.

Rajeev Kapur, MD, Steelbird Helmets, said the expansion of the plant will enable further growth for the company tapping on new opportunities.