New Delhi: Steelbird Hi-Tech, a leading helmet manufacturing company, has sold 77,99,273 helmets globally in CY 2023 and become the world’s largest helmet producer. The company aims to produce 10 million helmets in 2024.
It has also sold 3,44,865 side boxes in 2023.
Its total revenue in 2023 was at INR 687 crore, the company said.
Steelbird told ETAuto that its sales has increased in 2023 as compared to 2022, although the brand did not disclose the exact figures. The 40% market share holder in the branded helmet category, Steelbird, said that 20 million branded and 20 million non-branded helmets were sold in the market in 2023.
Rajeev Kapur, Managing Director, Steelbird Hi-Tech, said,”Many states and districts in our country lack proper traffic police, and numerous accidents go unreported. If we check the data with insurance companies, the numbers are more staggering than the official data.. Therefore, it is our duty to address this issue urgently, leaving no stone unturned.”
As the world’s largest helmet producer, Steelbird Helmet remains committed to its mission of promoting road safety and saving lives. The company looks forward to continued success and growth while contributing to the cause of reducing road accidents globally, the company said in a media release.
Published On Feb 9, 2024 at 05:44 PM IST
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