Steelbird Hi-Tech is expanding its Baddi plant in Himachal Pradesh with automated features like an automated paint shop, aiming to boost production capacity to 50,000 units per day.**Lowering GST to 5% on Helmets Vital for Safety, Aiming at 10 Million Units This Fiscal: Rajiv Kapur, MD, Steelbird**
In a bid to prioritize road safety and encourage helmet usage, Rajiv Kapur, Managing Director of Steelbird, a leading manufacturer of helmets, has advocated for a reduction in Goods and Services Tax (GST) on helmets to 5%. This move, he asserts, is not only crucial for ensuring widespread adoption of helmets but also aligns with the company's ambitious target of producing 10 million units in the current fiscal year.
### Promoting Safety through Policy Reform: The Need for Lower GST
Rajiv Kapur's call for reducing GST on helmets to 5% underscores the significance of policy reform in advancing road safety initiatives. By making helmets more affordable and accessible to the masses, a lower GST rate can incentivize compliance with helmet-wearing norms, thereby reducing the risk of head injuries and fatalities in road accidents. This proactive approach towards safety aligns with global best practices and reflects Steelbird's commitment to fostering a culture of responsible riding.
### Ambitious Targets: Steelbird's Commitment to Production Excellence
Against the backdrop of advocating for policy change, Steelbird has set an ambitious target of manufacturing 10 million helmets in the current fiscal year. This bold objective not only reflects the company's confidence in its manufacturing capabilities but also highlights its unwavering dedication to meeting the growing demand for quality helmets in the market. By ramping up production, Steelbird aims to cater to diverse consumer segments while upholding its reputation for delivering superior safety solutions.
### The Economic Imperative: Impact of Lowering GST on Helmet Industry
Beyond its implications for road safety, reducing GST on helmets can have far-reaching economic benefits for the industry. A lower tax rate can stimulate demand, spur investment, and drive innovation within the helmet manufacturing sector. Moreover, it can potentially create employment opportunities across the value chain, from production facilities to retail outlets, thereby contributing to economic growth and prosperity.
### Collaborative Efforts: Advocating for Change
Rajiv Kapur's advocacy for lowering GST on helmets reflects a broader collaborative effort involving industry stakeholders, policymakers, and civil society. By engaging in constructive dialogue and presenting compelling arguments in favor of policy reform, stakeholders can collectively drive positive change and promote a safer, more sustainable transportation ecosystem. Steelbird's proactive stance serves as a catalyst for broader advocacy efforts aimed at advancing road safety agendas at the national level.
### Conclusion
As Rajiv Kapur, MD of Steelbird, underscores the importance of lowering GST on helmets to 5% and sets ambitious production targets for the company, the conversation around road safety and policy reform gains momentum. By aligning economic incentives with safety imperatives, stakeholders can foster a conducive environment for helmet usage, ultimately saving lives and preventing injuries on the road. With concerted efforts and collaborative action, the vision of a safer, more responsible riding culture can be realized, driving positive outcomes for society as a whole.
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