comparemela.com

Latest Breaking News On - India cycle manufacturers association - Page 1 : comparemela.com

With government support India bicycle sector eyes €5 billion value

LUDHIANA, India - The size of the Indian bicycle industry is expected to increase 4 times by 2030, according to the vision document prepared by the All India Cycle Manufacturers Association. The industry is seeking government support to achieve this goal. Local producers are also keen on meeting the new European bicycle safety standards which are expected to be rolled out shortly.

Pedalling in top gear

When 75-year-old Gurdeepak Kaur rides her seven-gear Trek bicycle on the roads of Chandigarh and around, all eyes move in her direction. This spirited woman, who enjoys her golf sessions just as well, started cycling about five years back. This passion has led her to cycle up to places like Fatehgar

Pedalling a positive shift

Express News Service CHENNAI: A mong a handful of positive developments ushered in by the COVID-19 pandemic is the boom in bicycle sales, followed by a rapid spike in the craze for cycling. The All India Cycle Manufacturers Association reported that 41,80,945 bicycles were sold between May and September 2020. For a country that’s the second-largest producer of bicycles with 2.2 crore units sold every year, the sales are expected to be on an upward trajectory in the coming months. Besides bicycles, e-bikes too have been rolling off the shelves as people are on the constant lookout for efficient modes of transportation. It’s this promising trend that has encouraged relatively new entrants like Pedaleze to plunge into the market with the launch of pedelec their in-house, electrically powered bicycles that offer pedal assistance. Claiming to be India’s first connected pedelec (a feature that helps monitor your performance), the brand was launched by Chennai-based start-up Daij

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.