Huge import of high-end bicycles every month gives local manufacturers' sleepless nights
Worried over the import of more than 50,000 high-end bicycles from China and Taiwan to India every month, the Ludhiana-based cycle industry has now asked the Research and Development (R&D) centre to help in spreading awareness regarding high-end bicycles among the local manufacturers in city.punjab Updated: Apr 11, 2015 09:21 IST
Worried over the import of more than 50,000 high-end bicycles from China and Taiwan to India every month, the Ludhiana-based cycle industry has now asked the Research and Development (R&D) centre to help in spreading awareness regarding high-end bicycles among the local manufacturers in city.
Ludhiana bicycle industry generates revenue of `6,000 that is a minuscule amount of the revenue generated in the world market of bicycles every year. However, the trend of import of high-end bicycles from China and Taiwan has further deepened the need of manufacturing such bicycles in Ludhiana itself.
United Cycle and Parts Manufacturer Association (UCPMA) has taken a step in this direction and associated with the R&D centre to help local cycle makers in manufacturing high-end bikes. Though there are several technicalities and obstruction including high costing material used in production of these bikes, the UCPMA has stated that need of the hour are high-end cycles.
UCPMA president Charanjit Singh Vishivkarma said, "The manufacturing of roadster bicycle or black cycle is declining day by day, and there is an immediate need to rejuvenate city bicycle industry that has for the past many years dominated the cycle manufacturing in entire South Asia. However, attempts of damaging Ludhiana cycle industry by China and Taiwan need to be checked by state as well as central government."
Vishivkarma has also held several round of meetings with top officials of the R&D centre and asked them to create awareness among cycle manufacturers so that high-end bicycles could be manufactured even in Ludhiana.
The need for manufacturing high-end bikes has been risen so that Ludhiana could also cater to the European cycle market that is fed mostly by China and Taiwan. Most of the parts of these high-end bicycles that are imported from China and Taiwan are further exported to other countries on higher prices by India-based companies.
The sale of fancy and child bicycles has seen an upsurge during the past some years. According to the data provided by UCPMA, the sale of adult bicycles is 70%, and that of child bicycles is 30%. High-end bicycles mostly contribute 70% of adult bikes as a result there is a huge scope of these bicycles.
Last month, UCPMA held a meeting with BS Sangha, general manager of R&D centre. Discussions regarding upgrading of technology and quality of bicycles as well as cycle parts were held during the meeting. Members of UCPMA also raised the issue that the industry of Ludhiana was still using old technology due to which manufacturing of high-end bikes was impossible.
Range of a high-end bicycle starts from `10,000 goes till `1.5 lakh for different variants.
UCPMA secretary Pradeep Wadhwan said, "There is a need to upgrade cycle parts units, including handle, chain, frame, brakes and other component manufacturers. R&D centre has promised us that it will even provide funds to the units manufacturing specific cycle components."