Leading helmet manufacturer Steelbird Hi-tech India intends to invest more than Rs 250 crore to build a new manufacturing plant in Hosur, Tamil Nadu, as it looks to scale up capacity to meet growing demand, according to a top official.

The company plans to produce more than 20,000 units from the Hosur factory in the next two years. The company already has four facilities in Baddi (Himachal Pradesh) and Noida.

Rajeev Kapur, the managing director of Steelbird, told PTI that the plant was designed to meet the needs of the aftermarket and a variety of South Indian OEMs.

"In the initial phase, we are looking to invest Rs 100 crore in the project. The total capex spread over two years would be in the range of Rs 250 crore," he noted.

The plant is expected to be functional over the next two years, Kapur said.