Bicycle Industry Companies In India

The global bicycle market size was valued at usd 47 51 billion in 2017.

Bicycle industry companies in india. According to industry estimates the bicycle market in india is 12 million units a year of which five to seven per cent are niche bicycles a segment now growing at 25 30 per cent annually. Raleigh bicycle company is one of the oldest bicycle company based in england and offers multi speed bicycles in india. The bicycle industry is flourishing day by day and here are the top ten bicycle companies of india. We have an exceptionally specialized and extensive industry of bicycle in ludhiana.

The large scale companies make the bicycle frames rims and chains. China japan australia india and south korea are some of the top contributing countries in the region. 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. Here in this article we have researched the indian bike industry and listed down the top motorcycle manufacturing companies which are most popular among customers.

Here is the list of best bicycle brands available in india make in india and explore the ultimate destination for the country. Moreover these countries have started hosting numerous cycling tournaments which in turn will increase the popularity and demand for sports bicycles. Hibird cycles are the largest cycle manufacturer in india and market pioneer in the section with a worldwide nearness. 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.

Schnell cycles is an indian company based in pune. Indian firm firefox bikes for instance entered into a tie up with us bicycle brand trek. It is assumed that the yearly demand for bi cycles in india is near 10 million and almost 40 percent of the said requirement is from the government due to several welfare programs. Offerings beyond the occupational bicycle are growing.

Asia pacific is the fastest growing region in the global bicycle market. India is one of the very few countries from around the world where almost every second individual owns a two wheeler. Here we enlist the top 10 best selling popular and widely known bicycle brands in india in 2019 and the countdown follows. Merida is also a taiwanese bicycle manufacturing and creates bikes for mountain city roads and hybrid bicycles for every rider.