Steelbird Hi-Tech, one of the world’s largest helmet makers has announced its revenue for FY2024 came at 711 crore, up 27 percent YoY.
The company claims it has sold over 8 million helmets globally. Furthermore, it is expanding its manufacturing facilities, including a new line in Baddi. Going forward, Steelbird plans to produce 50,000 helmets per day.
It also aims to expand its presence of rider shops from the current 200 to over 1,000 within a few years. As part of its growth strategy, Steelbird states it will unveil 20 new helmets with 70 variants, each designed not only to protect but also to inspire riders to mark their presence on the road.
Rajeev Kapur, MD, Steelbird Hi-Tech said, “Our mission has always revolved around prioritising rider safety. This phenomenal growth is a testament to our customers appreciating Steelbird products and making roads safer for all.”
The company recently announced a new greenfield manufacturing facility in Hosur.
