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BW Businessworld Ahoy Bikes: Targeting Mid-Premium Bicycle Market Bicycle manufacturers Ahoy Bikes has set up a dedicated greenfield facility in Haryana with a monthly capacity of 10,000 units and it plans to double the output in a phase-wise manner Photo Credit : Ahoy Bikes, which forayed into bicycle making in 2018, and recently announced a new range of bicycles with electroluminescent technology, is planning to market its products countrywide and aims to increase its dealership network to 300 dealers by year-end. The company is aiming to target the mid-premium range of bicycles, which is also termed as the affordable segment. In this segment, Ahoy Bikes is set to offer quality products. The company is said to be developing a complete range of Luminous (brand of) bicycles. The company is also creating a whole range of Bicycles for kids, hybrid models, city bikes, etc., Anil Mitra, Director of Ahoy Bikes said on February 10, the day it launched its new ra ....