Ludhiana, May 7, 2015: The 25th China International Bicycle Expo Started at National Exhibition & Convention Centre, Shanghai, China. Pankaj Munjal Vice President All India Cycle Manufacturers Association (AICMA), Onkar Singh Pahwa Chairman Bicycle Research & Development Organization (BRADO), Gurmeet Singh Kular President Federation of Industrial & Commercial Organization (FICO) and Rajnish Gupta Chairman Ludhiana Bicycle & Engineering Park are among those participating in this international event.
In a release issued from there, FICO president Kular said China is being the largest manufacturer of bicycles in the world focusing only on high end cycles because the demand of high-end cycles is much more than the Roadster Model in Europe, UK & USA.
he added today delegation of FICO visited the Chinese stalls at the exhibition and discussed in detail to study the possibilities for transfer of technology for the manufacturing of alloy frames and forks in India. He believed that this is going to be a start of new era to manufacture high end bicycles in India. He added this also endorsed the statement of Prime Minister Narendra Modi "Make In India".
Thursday, May 7, 2015