Bicycle Industry Companies In India. India is one of the very few countries from around the world where almost every second individual owns a two wheeler. Hibird cycles are one among the main bike and cycle manufacturers company in india and well known player in the assembling of high tech bicycles.
Hero cycles the company is part of hero motors company and also one of the largest manufacturers of cycles in the world exports to over 70 countries having brands like firefox miss india sprint and mountain bike. Moreover these countries have started hosting numerous cycling tournaments which in turn will increase the popularity and demand for sports bicycles. Here we enlist the top 10 best selling popular and widely known bicycle brands in india in 2019 and the countdown follows.
We have an exceptionally specialized and extensive industry of bicycle in ludhiana.
It is expected to expand at a cagr of 6 1 from 2018 to 2025. The bicycle industry or cycling industry can broadly be defined as the industry concerned with bicycles and cycling it includes at least bicycle manufacturers part or component manufacturers and accessory manufacturers it can also include distributors retailers bicycle organizations bicycle event promoters and bicycle related service providers. China japan australia india and south korea are some of the top contributing countries in the region. We have an exceptionally specialized and extensive industry of bicycle in ludhiana.