FICO welcomes new GM of R&D Centre for Bicycles and Sewing Machines
Today, a Delegation of Federation of Industrial & Commercial Organization (FICO) comprising Gurmeet Singh Kular President and Manjinder Singh Sachdeva General Secretary met and welcomed V.K. Srivastava New General Manager of R&D Centre for Bicycle & Sewing Machines.
City Air News
Dec 24, 2024 08:25
0
Ludhiana, December 24, 2024: Today, a Delegation of Federation of Industrial & Commercial Organization (FICO) comprising Gurmeet Singh Kular President and Manjinder Singh Sachdeva General Secretary met and welcomed V.K. Srivastava New General Manager of R&D Centre for Bicycle & Sewing Machines.
Both Kular and Sachdeva said that the R&D Centre for Bicycle & Sewing Machines plays a pivotal role in the growth and development of the Industry, and the Bicycle Industry is the mother industry of Ludhiana which makes India the 2nd largest manufacturers of world, whereas China is the largest manufacturer of bicycles, but the gap between the manufacturing quantity of both is very high. They said there is a need to upgrade the bicycle industry technologically, so that the bicycle industry can upgrade themselves to and be able to produce world class cycles that can be exported to European and American countries.
They said the R&D Centre for Bicycle & Sewing Machines should guide the industry through the process of transition. Also, R&D Centre should lead the delegation to China, Taiwan, Germany etc, to explore the new technology and ease the process of technology transfer, which will also increase our penetration in the exports market.
Rajeev Sharma Assistant General Manager of R&D Centre for Bicycle & Sewing Machines was also present in the meeting.
