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Monday, Nov 18, 2019

In Shanghai, Sukhbir proposes electric cycles’ plant in Ludhiana

Punjab deputy chief minister Sukhbir Singh Badal on Sunday announced that the world’s largest high-end electric bicycle manufacturing facility with a capacity of 15 million cycles would be established at Ludhiana over 300 acres of land.

punjab Updated: May 09, 2016 15:59 IST
HT Correspondent
HT Correspondent
Hindustan Times
Deputy CM Sukhbir Singh Badal visiting at the China cycle exhibition in Shanghai on Sunday.
Deputy CM Sukhbir Singh Badal visiting at the China cycle exhibition in Shanghai on Sunday.(HT Photo)
         

Punjab deputy chief minister Sukhbir Singh Badal on Sunday announced that the world’s largest high-end electric bicycle manufacturing facility with a capacity of 15 million cycles would be established at Ludhiana over 300 acres of land.

Addressing a joint meeting of the Indian and Chinese bicycle associations at the China Cycle-2016 exhibition at Shanghai in China, he announced that the mega project would be known as “Cycle Valley”, and would provide employment to 1.5 lakh persons, a spokesman here said.

“We are the world leader in manufacturing the common man’s cycle. But now the demand is for high-end as well as electric cycles. We are inviting world players to set up shops in Punjab. The local industry will also be benefitted as we are requesting then to tie-up with world manufacturers for providing ancillary support,” he said at the conclave.

Sukhbir also announced that the Hero Group would be the anchor client as well as strategy partner for the “Cycle Valley” and that the best manufacturers and ancillaries in India and abroad would be invited to set up their units there.