With an investment of over Rs 160 cr, the facility employees over 1500 employees and utilises 70 percent automation
Studds Accessories Ltd has commenced operations at its largest helmet manufacturing facility in Haryana. Built with an investment of over Rs 160 crore, the new facility is spread over 5.5 acres. Additionally, Studds also recently began operations at another manufacturing plant, which is India’s only facility with an in-house Expanded Polystyrene (EPS) production line. It is a crushable foam used in helmet production and is the most important safety feature in the helmet. Spread across 1.5 acres, the company has invested Rs 40 crore in the second plant, marking a total investment of over Rs 200 crore in the manufacturing plants. The company 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.
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 ensure direct employment for over 1500 individuals. Sidhartha Bhushan Khurana, Managing Director, STUDDS Accessories Ltd. mentions “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.