Studds sets up Asia’s biggest helmet factory in Haryana
Studds Accessories Ltd. has set up what is claimed to be Asia’s biggest helmet manufacturing facility at Faridabad, Haryana.
The company has invested Rs. 160 crore in the new factory which is spread over 5.5 acres. Helmets from the Shifter and Thunder series will be manufactured here. The factory will also produce bicycle helmets for the domestic market.
A second manufacturing unit, spread across 1.5 acres has also begun operations. This facility was set up with an investment of Rs. 40 crore. It has an in-house Expanded Polystyrene (EPS) production line. EPS is a crushable foam used in a helmet. It is said to be the most important safety component in a helmet.
Both factories are highly automated and have moulding, visor coating, paint shops, packaging and warehousing units. They have a combined annual production capacity of 7.5 million units of motorcycle helmets and 1.5 million units of bicycle helmets. These facilities will generate employment for more than 1,500 people.
With the inauguration of the new factories, Studds has doubled its production capacity from 7 million units to 14 million units. The company currently exports helmets to more than 40 countries.
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