/PRNewswire/ The global bicycle market is projected to expand at a value CAGR of 5.8% over the forecast period of 2022-2032 to reach a valuation of more.
Avon Cycles key positioning has always been ‘the affordable cycle for all’ thus, it emphasized developing a low-cost simple cycle that addresses the mobility issues of the less-privileged population. In 1952, the first batch of Avon bicycles was priced economically at INR 100, making it truly, “savari of a common man”.