Skip to main content

Posts

Showing posts with the label Buy Shares Of Studds Accessories

Studds Thunder D6 Decor Full-Face Helmet Launched in India at Rs 1,795

The Studds Thunder D series is a popular offering from Studds. And the D6 decor is no different. It packs a flurry of impressive bits and features. When it comes to homegrown helmet manufacturers, Studds is a renowned name and has been in the game for quite some time now. It has now unveiled its new Thunder D6 Decor helmet, which according to their press statement is their reaffirmation to their commitment to rider safety and comfort. The Thunder D series is a popular offering from Studds. And the D6 decor is no different. It packs a flurry of impressive bits and features. More details Thunder D6 is available in 8 colour options with a Matte black base – Orange, Yellow, Red and Blue and a black base – Orange, Yellow, Red and Blue to opt from. It is available in 3 different basic sizes – Medium ( 570mm ), Large ( 580mm ) and Extra Large ( 600mm ) to make it suitable to all kinds of riders. Talking about the impressive bits, the Thunder D6 is an aerodynamically designed full-face hel...

Plan To Acquire 40 Per Cent Of Helmet Market Share In 3 Years: Studds Helmets MD

  Homegrown helmet maker Studds Accessories aims to increase its market share in India to 40 per cent over the next three years. Sidhartha Bhushan Khurana, MD - Studds Accessories Ltd, confirmed the development to carandbike recently. The company expanded its production capacity to 14 million units per annum with the inauguration of two new facilities earlier this year. Studds currently holds a market share of 30 per cent in the helmet segment and aims to capitalise on the newfound push for personal mobility in the post COVID era. With India being the largest two-wheeler market in the world, the growth potential is immense for the company. Responding to a query about growth plans from carandbike, Sidhartha Bhushan Khurana said, "Studds currently has around 30 per cent of the share in the Indian helmet market and it is the largest amongst all helmet manufacturers in the country. While the demands have been subdued because of the COVID-induced lockdown, we have continued to see grow...

“Removal of weight restriction will not only benefit manufacturers but also have a huge impact in terms of choices” - Sidhartha Bhushan Khurana, MD, Studds Accessories

  Q: What measures did the brand undertake to cope up with the impact of the pandemic? A: “This has been a challenging time, not only for us, but the entire automotive industry which was already witnessing a slowdown since the previous fiscal. As a responsible corporate, we decided to halt all operations amongst our manufacturing facilities but this pandemic helped us to innovate and we started manufacturing face shields, protective goggles and face masks. Our manufacturing plants were closed only for eight days. We have been practicing social distancing at all our plants and regular employee screenings. We are also striving to educate our workforce on how to stay safe from this virus.” Q: The new manufacturing facility was to be operational by March-end, is there a new timeline now for the plant to be fully running? A: “The plans for the inauguration of our newest plants were surely delayed by the COVID-19 pandemic, however, we have currently begun operations at this plant. We are...

Studds Launches New Urban Super Helmet In India

  Studds, the world's largest helmet manufacturer by annual volume, has launched a new helmet called the 'Urban Super'. It is an open-face helmet and it is priced at ₹ 1,050. The helmet is offered in two basic sizes - large (580 mm) and extra-large (600 mm). The helmet is available in eight different color options which are - white with black strip, matt black with black strip, gun grey matt with black strip, gun grey with black strip, cherry red with black strip, black with black strip, flame blue with black strip and matt blue with black strip. The retention system used on the helmet is a ratchet system. Sandip Ginodia , CEO A LTIUS INVESTECH PVT LTD We deal in over 60 unlisted companies with 15 years of experience  For latest prices visit :  www.abhisheksecurities.com/unlisted.htm  / call : 09830271248 . Email :  ginodiasandip1@gmail.com

Helmets Have Now Become Lifestyle Products, Says Studds Accessories Chief

Two-wheeler helmet maker, Studds Accessories, recently commissioned a plant in Haryana, which is the largest of its kind in Asia. Beyond producing 7.5 million motorcycle helmets annually, this facility will also roll out 1.5 million units for bicycle users. Sidhartha Bhushan Khurana, Managing Director, discuses other trends with  BusinessLine  in an email interview: What was the trigger for Studds to set up new capacity? The two-wheeler helmet space in India has been growing rapidly, and with the introduction of some stringent government policies, demand is set to increase in the market. We believe market opportunity is substantial and the Centre’s new policy on banning non-ISI certified helmets would give organised players in the helmet industry a big boost by driving demand. We are already the largest two-wheeler helmet manufacturer in the world and, looking at the current needs in the market and growing demand, decided to increase capacity. Beyond India, do you plan to expo...

Studds Commissions 2 New Facilities In Haryana; Invests Rs 200 Crore In Plants

Leading helmet manufacturing company Studds Accessories on Monday said it has commissioned two new facilities at Faridabad in Haryana entailing total investment of Rs 200 crore. Spread across an area of over 5.5 acres, the company has made an initial investment of over Rs 160 crore to set up the largest helmet manufacturing facility in Asia, Studds Accessories said in a statement. Besides motorcycle helmets, including the Shifter and Thunder series, the facility will also produce bicycle helmets for domestic market, it added. The company said it has also commenced operations at another production unit which has in-house production line for expanded polystyrene (EPS), which is the most important safety feature in a 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, Studds said. "With the goal of expanding our production efficiency, our new plants would provide employ...

Driving helmets demand back to pre-Covid levels as Indians avoid public transport: Studds CFO

Studds, the world’s largest helmet-maker by volume, aims to capture over 40 per cent of the domestic market over the next three years. The home-grown company has logged a CAGR of 32 per cent over the last three financial years and, despite the annoying pandemic, aims to grow at around 10 per cent in FY21 too.  “According to a 2018 report, 65-70 per cent of the market is for the organised or the ISI-certified players; whereas the rest of the 30 per cent is for the unorganised players.. According to a 2018 Frost and Sullivan report, we have a 27 per cent market share, which has grown to, I guess, 30 per cent now. We want to take this number to 40 per cent in the next three years,” Sidhartha Bhushan Khurana, Managing Director, STUDDS Accessories Ltd told this publication. “The first quarter of FY21 was affected by the pandemic and we saw a 50% decline YoY,” he admitted, “but given the quick recovery, we are hopeful to end this fiscal with 10% per cent growth. However, in FY 22, we loo...

Non-ISI helmet ban: Two Wheeler Helmet Manufacturers Association applauds Govt.’s move

  Late in July, the Ministry of Road, Transport and Highways released a notification laying down new norms for two-wheeler helmets under which all helmets will require ISI certification and the 1.2-kg weight limit has been dropped. Helmet manufacturers in India will not be able to manufacture, stock, and sell helmets that are not certified by the Bureau of Indian Standard’s (BIS) safety standards. The new norms will come into effect in March 2021. The two-wheeler helmet manufacturers association has welcomed the government’s decision, lauding it as a positive move towards curbing the sale of non-standardised helmets. Rajeev Kapur, MD, Steelbird Helmets & President, Two Wheeler Helmet Manufacturers Association, welcomes MoRTH’s latest notification, stating that the decision is in the public interest to enforce the regulations of the BIS. “As per WHO statistics, about 3,00,000 people died in 2016 in road accidents in India and about 40% of these accounted for two-wheeler riders w...

Helmet prices dip by 20% on new BSI norms

The new BIS standards for helmets — which has done away with the weight limit for rider and pillion rider helmets — will help reduce costs by 10%-20% and will lead to a whole new range of low cost and low price helmets in the Indian market said Two Wheeler Helmet Manufacturers Association president Rajeev Kapur.   “Around 90%-95% of helmet sales, which are in the entry level category, will now be in the 700gm to 1.2 kg category where prices will be less Rs 1,000,” he said. The heavier and more expensive and will be restricted to the small niche of speciality riders, he added. Kapur’s Steelbird Helmets, has already launched a 700 gm light weight open face helmet priced at Rs 759 and another 800 gm open face helmet for Rs 849. “Earlier the weight restrictions meant that you could not sell to Department of Transportation (US standard DOT) or ECE (Economic Commission for Europe) certified helmets in India. We were exporting 1,400-1,500 gm speciality helmets to Korea, Philippines fo...