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Steelbird Hi-tech India announced plans to invest over Rs 250 crore to set up a new manufacturing facility in Hosur, Tamil Nadu. The plant is expected to be functional within two years, with an initial investment of Rs 100 crore, and will produce over 20,000 helmets per day.
“The brand is scouting for land near Hosur to set up the ninth manufacturing facility in India and our first one in South India.”thehindubusinessline.com
Summarized from public sources; check the original articles before acting on it.