Helmet maker Steelbird offers to set up a plant in Jammu & Kashmir

Aug 07 2019 12:23 PM
Helmet maker Steelbird offers to set up a plant in Jammu & Kashmir

Steelbird Hi-Tech India Limited, the largest helmet manufacturer, has offered to set up its manufacturing plant in Jammu and Kashmir. The company has taken the initiative to help the Valley launch a new industrial revolution and employment for citizens. Welcoming the government's move to the valley, The President of Steelbird Helmets, Subhash Kapoor said, "The scrapping of Section 370 by Prime Minister Narendra Modi and Home Minister Amit Shah is a much-awaited step. This grand step ensures that the Valley enters the Indian mainstream and becomes part of the collective progress of our great country." So far, most of the construction activity in the state has been limited to the basic and traditional capabilities of the state in agriculture and handicrafts.

According to media reports, Rajiv Kapoor, MD, Steelbird Helmets, said, "We think it will start with companies having links with local companies established to build the perfect ecosystem. This way most cities and states grow and we see it as a great opportunity for the locals first. We plan to come up with the manufacturing facility in the month of October according to the upcoming Investor Summit. We hope all these decisions will allow businesses and the construction sector to operate independently under similar regulations in the Valley." "The cancellation of Article 370 will help ensure the Jammu and Kashmir economy," Kapoor added. The stagnation of the state's economy for decades will change completely. At the same time, it is also a boon for students from all over India who are looking for employment in the Valley and we will also create a large number of jobs in the Valley through our plant."

In his statement, Kapoor said, "Steelbird has already invested Rs 150 crore in manufacturing plants located in Baddi in Himachal Pradesh and we plan to build 44,500 helmets a day and increase production capacity with 3,000 employees. has been. Steelbird intends to establish and expand nearly 1,000 job opportunities as well as replicate a similar success story for the Valley."

Bajaj Pulsar 125cc Likely To Get A Neon Variant, here is the potential price

Okinawa slashes the price of e-scooters post GST cut

Royal Enfield brings affordable motorcycles in the Indian market

© 2016 News Track Live - ALL RIGHTS RESERVED