Helmet Maker Steelbird Offers to Set Up Plant in Jammu and Kashmir
Article 370 Abolished: Helmet Maker Steelbird Offers to Set Up Plant in Jammu and Kashmir
INDIA PTI Aug 06, 2019 07:05 PM IST
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Article 370 Abolished: Helmet Maker Steelbird Offers to Set Up Plant in Jammu and Kashmir
Helmet (Photo Credits: Getty Images|Picture used for Representational Purpose)
New Delhi, August 6: Asia's largest helmet manufacturer Steelbird Hi-tech India on Tuesday offered to set up a manufacturing plant in Jammu & Kashmir, a day after article 35A granting special status to the state was revoked by the government. This will help the Kashmir Valley kickstart a new industrial revolution and employment for the citizens, said Steelbird in a statement welcoming the government's move. Jammu & Kashmir Loses Special Status, But Other States Also Bar 'Non-Residents' From Buying Land or Property: Check Full List.
"It is a much awaited move by Prime Minister Narendra Modi and Home Minister Amit Shah to overrule Article 370 . This fantastic move ensures that the Valley enters the Indian mainstream and becomes a part of our nation's collective growth," said Steelbird Helmets Chairman Subhash Kapur. Until now, most of the manufacturing activity in J&K has remained restricted to the state's inherent capacities in agriculture and handicraft, it added.
"We think it will kickstart with the companies tying up with established local players to build the ecosystem. This is how most cities and states grow and we see it as a great opportunity for localites first," said Steelbird Helmets MD Rajeev Kapur. "We plan to come up with manufacturing facility in accordance to the upcoming investor summit in the month of October. We hope the decisions will allow the businesses to operate freely under the same rules in the Valley," he added. Beware of 'Buy Land in Jammu and Kashmir' Fake Offers on WhatsApp And Social Media After Article 370 Scrapped.
Steelbird already has invested Rs 150 crore in the manufacturing plants at Baddi, Himachal Pradesh and is now planning to enhance the production capacity to 44,500 helmets a day. It intends to replicate the same success story for the Valley as well, the statement added.
Biography of Steelbird Group founder Sh Subhash Kapoor launched in Delhi
March 19, 2014 | Yatharth Singh Chauhan
From the small village of Daddan Khan (Distt Jhelum) erstwhile undivided India to Delhi to scripting the story of the man who introduced Helmets to the country, Mr. Subhash Kapur’s life has been quite an eventful and triumphant journey. To celebrate this illustrious life and inspire a million others, Mr. Kapur’s biography that was launched on the occasion of 50th anniversaries of Steelbird -a seed Mr. Kapur has sown 50 years ago.
The biography chronicles the motivating journey of the entrepreneur and socialite Mr Kapur and talks about the vision that drove him to business of automobile components way back in 1959.
Speaking on the occasion, Mr. Subhash Kapur said in a voice heavy with emotions, “Fifty years ago, despite all the challenges and hurdles, I was driven by a dream —I have to start something my own. Looking back over the years, I feel the struggle was well worth it.”
Sharing some finest moments of this illustrious journey Mr Kapur told, “In the 1960s, a person died in a road accident in India every five minutes, and I recognised the crucial role helmets could play in lowering this statistic. I was involved in family business—trading vehicle oil filters—having joined immediately after completing my matriculation from Delhi University, in 1959. However, I was ready to branch out on my own by tapping this new opportunity. So, I decided to manufacture helmets and Steelbird was born”
INDIA PTI Aug 06, 2019 07:05 PM IST
1 Shares
Article 370 Abolished: Helmet Maker Steelbird Offers to Set Up Plant in Jammu and Kashmir
Helmet (Photo Credits: Getty Images|Picture used for Representational Purpose)
New Delhi, August 6: Asia's largest helmet manufacturer Steelbird Hi-tech India on Tuesday offered to set up a manufacturing plant in Jammu & Kashmir, a day after article 35A granting special status to the state was revoked by the government. This will help the Kashmir Valley kickstart a new industrial revolution and employment for the citizens, said Steelbird in a statement welcoming the government's move. Jammu & Kashmir Loses Special Status, But Other States Also Bar 'Non-Residents' From Buying Land or Property: Check Full List.
"It is a much awaited move by Prime Minister Narendra Modi and Home Minister Amit Shah to overrule Article 370 . This fantastic move ensures that the Valley enters the Indian mainstream and becomes a part of our nation's collective growth," said Steelbird Helmets Chairman Subhash Kapur. Until now, most of the manufacturing activity in J&K has remained restricted to the state's inherent capacities in agriculture and handicraft, it added.
"We think it will kickstart with the companies tying up with established local players to build the ecosystem. This is how most cities and states grow and we see it as a great opportunity for localites first," said Steelbird Helmets MD Rajeev Kapur. "We plan to come up with manufacturing facility in accordance to the upcoming investor summit in the month of October. We hope the decisions will allow the businesses to operate freely under the same rules in the Valley," he added. Beware of 'Buy Land in Jammu and Kashmir' Fake Offers on WhatsApp And Social Media After Article 370 Scrapped.
Steelbird already has invested Rs 150 crore in the manufacturing plants at Baddi, Himachal Pradesh and is now planning to enhance the production capacity to 44,500 helmets a day. It intends to replicate the same success story for the Valley as well, the statement added.
Biography of Steelbird Group founder Sh Subhash Kapoor launched in Delhi
March 19, 2014 | Yatharth Singh Chauhan
From the small village of Daddan Khan (Distt Jhelum) erstwhile undivided India to Delhi to scripting the story of the man who introduced Helmets to the country, Mr. Subhash Kapur’s life has been quite an eventful and triumphant journey. To celebrate this illustrious life and inspire a million others, Mr. Kapur’s biography that was launched on the occasion of 50th anniversaries of Steelbird -a seed Mr. Kapur has sown 50 years ago.
The biography chronicles the motivating journey of the entrepreneur and socialite Mr Kapur and talks about the vision that drove him to business of automobile components way back in 1959.
Speaking on the occasion, Mr. Subhash Kapur said in a voice heavy with emotions, “Fifty years ago, despite all the challenges and hurdles, I was driven by a dream —I have to start something my own. Looking back over the years, I feel the struggle was well worth it.”
Sharing some finest moments of this illustrious journey Mr Kapur told, “In the 1960s, a person died in a road accident in India every five minutes, and I recognised the crucial role helmets could play in lowering this statistic. I was involved in family business—trading vehicle oil filters—having joined immediately after completing my matriculation from Delhi University, in 1959. However, I was ready to branch out on my own by tapping this new opportunity. So, I decided to manufacture helmets and Steelbird was born”
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