The helmet is an essential safety device in preventing fatal and severe injuries during road accidents. It is crucial that all state governments strive to enforce the helmet rule to enhance road safety. According to last year’s road accident data, a total of 46,593 people lost their lives, and one lakh were injured due to not wearing helmets. Over the past 10-15 years, there has been a significant advancement in the helmet segment due to increased public awareness and the implementation of laws. Nevertheless, the helmet industry faces a considerable challenge from the unorganised sector, which currently holds more than 30 per cent of the total Rs2,500 crore domestic market. Fortunately, counterfeit and spurious products are gradually diminishing from the market as organised players invest in new technology and offer competitive pricing. Steelbird Hi-Tech India Limited, based in Delhi, holds a prominent position as the largest manufacturer of helmets, pannier boxes, helmet locking devices, and auto accessories, including engineering products and biking gears. The company has always prioritised international safety standards supported by modern technology, and in doing so has transformed the dynamics of the industry. In FY23, Steelbird achieved an impressive turnover of Rs554 crore, with helmets accounting for over 80 per cent of its business. Riding on the emergent demand, Steelbird has been growing steadily and has eight manufacturing facilities. It is among the three largest helmet producers in the country employing 3,500 people. Studds Accessories Limited and Vega Auto (P) Limited are the other two leading manufacturers of helmets. “You will find one Steelbird helmet for every 10 bikers on the road,” says managing director Rajeev Kapur. “Our USP is innovation, quality, and with a wide range of product offering to meet customers’ requirements across all levels.” The Steelbird story is remarkable. The founder, Subhas Kapur, was born with a silver spoon. His father had a chain of gold stores and several acres of land in Jhelum district, now in Pakistan. “We were one of the richest families in Pakistan, but Partition changed our fate. The family was forced to abandon everything and crossed the border among the millions of refugees from Pakistan,” recalls Kapur, 79. Steelbird takes wing The family survived by doing odd jobs. Since business was in his DNA, he tried small businesses like making sacks for salt producers. He later bought a small unit for Rs6,000 and set up Steelbird in 1964 for the manufacturing of oil filters in Delhi. He met his destiny in 1976 when the Delhi government announced the ruling that wearing helmets was compulsory. He saw this as an opportunity, ventured into helmet production and never looked back. His son Rajeev joined him in 1989 after finishing his high school at the age of 17. Rajeev has worked relentlessly to grow the company. He has travelled extensively in Europe and developed an export business for the company. Rajeev was instrumental in setting up European standard manufacturing facilities for helmets and has taken the company to the next level. In the last 10 years, from 6,000 helmets a day (in 2012), Steelbird’s production has gone up to 21,000 helmets a day and is growing. However, it was not always easy for the Kapurs. They have faced several ups and downs in the business cycle but emerged as a strong player in the segment. Today, Steelbird is also an Original Equipment Manufacturer (OEM) to top-notch two-wheeler manufacturers like Yamaha, Suzuki, Honda, Royal Enfield, TVS Motors, and Vespa. The OEM business contributes 45 per cent of the company's revenue, and the rest, 55 per cent, is generated through retail.