The bicycle industry in India - pedal for a green earth

India produces approximately 10% of the world annual bicycle production, which is estimated at 125 Million units.

The annual domestic demand of bicycles in India is approximately 10 million units out of which around 2.5 million units is a government demand for the various welfare schemes. Exports out of India are largely to Africa and the less developed economies and negligible to western markets...

Major players in the domestic bicycle industry are Hero Cycles, TI, Avon & Atlas with 40%, 22% & 17% & 10% of share of volume respectively. Most cycles manufactured & sold in India are in the low price bracket of Rs. 2,500 to 3000

The market for the premium or the lifestyle bikes targeted towards the lifestyle consumer is just about emerging. The definition of high end bikes it self is changing. Earlier the high-end bikes were considered as those selling between Rs. 5000 to 8000. However now with global brands moving into the country this definition is also changing with price-points starting from Rs.15000 to as high as a few lakhs!

Not only are the price points changing but even definition of the segment are. Hitherto, cycles were simplistically segmented into gents, ladies, kids and high end. But now the lifestyle bikes are being segmented in line with the global trend that is based on their usage. There are Road bikes, Mountain bikes, Tourers, Hybrids, BMX’ to name a few. Virtually all the big names are present in the country like Giant, Trek, Merida, and Canondale etc.

The demand for these cycles at this stage is very limited but is set to grow at a frenetic pace in future. While the mass-market segment is experiencing a sluggish growth of between 4-6% annually the premium & lifestyle segment is growing at a CAGR of over 30%. The market size for the lifestyle cycles is estimated at not more than 0.25 million units annually but its only time that this segment will form an important part of the industry

49 comments:

Anonymous said...
This comment has been removed by a blog administrator.
Anonymous said...

Dear Sir/Ma'am,

I want to know the absolute figure of the bicycles produced in India for last three years. Can i get the data for that.

Regards,
Ritesh Garg
ritesh.garg02@gmail.com

Anonymous said...

Dear Sir/Madam,

please let me know the details of bicycle sales in rural India. My email id is anupambhagat@yahoo.co.in

Thank you

Anupam

ahmedabadonnet said...

Good infrmation...
ahmedabadonnet.com

Anonymous said...

sir / madam
will you please give me exact figure of selling of bicycles
in india, if you respond it
please tell which company cycle belongs to :
it will be pleasure if mail me
to bundelajeetish@yahoo.com
please hurry in mailing !!!!!!
it will help me in my project

your's sincerely

jeetish bundela

Anonymous said...

sir / madam
will you please give me exact figure of selling of bicycles
in india, if you respond it
please tell which company cycle belongs to :
it will be pleasure if mail me
to bundelajeetish@yahoo.com
please hurry in mailing !!!!!!
it will help me in my project

your's sincerely

jeetish bundela

Anonymous said...

An outstanding share! I have just forwarded this onto a colleague who was
doing a little homework on this. And he actually bought me dinner due to the fact that I found it for
him... lol. So allow me to reword this.... Thanks for the meal!

! But yeah, thanx for spending some time to discuss this
issue here on your blog.

Here is my web-site - colorado windows

Anonymous said...

Everyone loves it whenever people come together and share ideas.
Great blog, keep it up!

Look into my weblog window seat cushions

Anonymous said...

Hi! Do you know if they make any plugins to safeguard against hackers?
I'm kinda paranoid about losing everything I've worked hard on.

Any suggestions?

My blog post ... dry erase board

Anonymous said...

Attractive section of content. I just stumbled upon
your web site and in accession capital to assert that I acquire
actually enjoyed account your blog posts. Anyway I will be subscribing to your feeds and even I achievement you
access consistently fast.

Feel free to visit my site; baby products

Anonymous said...

Ι’m not thаt much of a internet reader to be
honest but your ѕites really nice, kеep
it uр! I'll go ahead and bookmark your website to come back later. All the best

Also visit my site; satıLık villa

Anonymous said...

First of all I would like to say great blog! I had a quick question which I'd like to ask if you do not mind. I was curious to know how you center yourself and clear your thoughts prior to writing. I have had a tough time clearing my thoughts in getting my thoughts out there. I do enjoy writing but it just seems like the first 10 to 15 minutes are generally lost just trying to figure out how to begin. Any ideas or tips? Appreciate it!

my page :: deluxe swivel glider

Anonymous said...

Heya i am for the first time here. I found this board and I find
It really helpful & it helped me out a lot. I'm hoping to offer one thing back and aid others such as you aided me.

Feel free to surf to my site mind meister coupon

Anonymous said...

Hello would you mind letting me know which web host you're using? I've loaded
your blog in 3 different internet browsers and I must
say this blog loads a lot faster then most. Can you suggest a good web hosting provider at a
honest price? Cheers, I appreciate it!

Here is my web-site; http://moodle.usach.cl/neurolab/user/view.php?id=13570&course=1

Anonymous said...

I have learn several good stuff here. Certainly worth bookmarking for revisiting.
I wonder how much effort you set to make one of these great
informative website.

my weblog: plastic cutting boards

Anonymous said...

It's a shame you don't have a donate button!

I'd definitely donate to this brilliant blog! I guess for now i'll settle for bookmarking and adding your RSS feed
to my Google account. I look forward to new updates and will
talk about this blog with my Facebook group.
Chat soon!

My web blog http://prod-cybercommunes.integra.fr/mediawiki/index.php/Utilisateur:MarianoBr

Anonymous said...

It's an amazing piece of writing in favor of all the internet viewers; they will take benefit from it I am sure.

Also visit my blog post :: auto transport services to hawaii

Anonymous said...

Thank yоu for thе auspicious ωritеup.
It in fact was a amusement аccount іt. Looκ aԁvanced to far аdded аgreeable frοm yοu!
Howevеr, hоω can ωe communicаte?


Alѕo visit my wеb site HCG diet

Anonymous said...

Excellent аrticle! We aгe linking to this gгeat articlе on
οur website. Keep up the greаt writing.


Rеvіew mу site - exercise

Anonymous said...

Greetings! Very helpful advice ωithin this post!
ӏt іs thе lіttle changеs thаt make the most important
changes. Μany thanks foг sharing!

Feel free to surf to my web blog - οrganіс potting
soil (http://seamorelia.com.mx)

Anonymous said...

Wow, this article
is fastidious, my younger sister is analyzing such things, thus I am going to convey her.


My web blog :: gardening tips

Anonymous said...

I truly love your ѕitе.. Great сοlоrs & theme.
Did yοu makе thіs webѕite yourself?
Pleaѕe reply back as I’m trуing to create
my own pегsonal website and would love to
finԁ out whеre you gοt thiѕ frοm oг
what thе thеme is called. Cheers!


Mу ωeb page; losing weight naturally with pilates

Anonymous said...

When I inіtially commented I аppeaг tο
have clicked οn the -Notify mе ωhen nеw cоmments are
added- cheсkbox аnd from now on whenever а cοmment is addeԁ Ι get
fouг emails with the eхact same comment.
Theгe has to be аn easy method you are able to
remove me from that sеrνice? Cheеrs!

Нere is mу blog pоst; gardening

Anonymous said...

Υour ѕtyle iѕ гeallу unique in comparisοn to other peoρle I've read stuff from. I appreciate you for posting when you have the opportunity, Guess I'll just
bookmark this ωeb site.

Viѕit my site ... what is going green

Anonymous said...

Hi, ӏ do think this is an excellent ωebsitе.

І stumbledupоn it I am going to revisіt уet again sincе i
have book-markеd it. Mоneу and fгeedom is
the grеаtest way tο сhange, may you be rіch and cоntinue
to help other peoplе.

Hеre is my blog ρoѕt; οrgаnic harbor - -

Anonymous said...

Hi, І do belieνe this is a great blоg.
Ι stumblеԁupon it ;) I mаy comе
bаck yet again sincе i haνе bοoκ marked it.
Money and freedom is thе grеatest way to change, mаy you be rich and cоntinuе to
help other ρеoplе.

My ρаge ... organic soil

Anonymous said...

I’ll right awaу snatсh your гss as I can’t in finding уοur e-mail subscription hypеrlink or е-neωslеtter
servіce. Do you’ѵe аny?
Kindly let me recognize so that Ӏ coulԁ subscribе.

Thanks.

Мy web blog: losing weight after 50

Anonymous said...

Everyone loves what you guys tend to be up too.
This type of clever work and coverage! Keep up the terrific works guys I've incorporated you guys to our blogroll.

My webpage ... cheap dishwasher

Unknown said...

Great blog nice n useful information , it is very helpful for me , I realy appreciate thanks for sharing. I would like to read more information thanks.
Bicycle exporters India

Anonymous said...

I really like your blog.. very nice colors & theme.
Didd you make this website yourswlf or ddid you hire someone to do iit for you?
Plz respond as I'm looking to create my own blog and would
like to find out where u got this from. thanks

Check out my web blog: blocked sinks - montest.dreamhosters.com -

Anonymous said...

Nice post. I was checking continuously this blog and I am
inspired! Extremely helpful info specifically the final section :
) I handle such information much. I used to be seeking this
certain info for a very long time. Thanks and best of luck.


Review my web blog; lawyers.theppmattorney.com
()

Anonymous said...

smokeless cigarettes, smokeless cigarettes, vapor cigarette, e cig reviews, best e cigarette, e cigarette

Upendra said...

Excellent work!! could you share the exact figures of sales for premium range bikes ( 50K to 1 Lak range) my mail is 23.upendra@gmail.com...thanks

Unknown said...

Dear sir
Provide a sale figure of bicycle in india during previous year.2013-14 to 14-15
I feel pleasure to provide a data
It is very helpful to analysis a data
E-mail. ankitaggarwal414@gmail.com

Naveen - +91-7827490192 said...

We provide electronic cigarette or E-Cigarette, e-liquid & e-Juice brand in Delhi, Mumbai, chennai, kolkata and all over India at the best prices buy online.

VIEW MORE :- http://www.smartsmokeindia.com/

E-Cigarette in India
Electronic Cigarettes Online in India
e-liquid in India
E juice in India
Vape in India

Anonymous said...

Hi Sir,
I want to know sales of bicycle by types such as Road bicycle, Mountain bicycle, Kids bicycle, e-bicycles and others in units and in value for 2015 could you please help me on that.

eDiscount.co.in said...

Thanks, it was helpful a lot to me.

Unknown said...

Thanks For Sharing Information. Your Blog content Really helpfull for me.

Ludhiana bicycle Industry

Anonymous said...

Dear Sir/Ma'am,
Can I know the exact figures of production and sales of different bicycles in different states of the country? This would be of great help to my project.
You can reach me at tanujmody@gmail.com

Thank You,
Tanuj Mody.

Madhu said...

Thanks for sharing the information!!

Provident Kenworth
Ramky One Galaxia
Prestige High Fields
Incor One City

Ivaan Basu said...

I like your blog thanks for sharing.

Cycle For Girls

Bhavani Propladder said...
This comment has been removed by the author.
Bhavani Propladder said...
This comment has been removed by the author.
Jyothika Propladder said...
This comment has been removed by the author.
Jyothika Propladder said...
This comment has been removed by the author.
Sharmila Propladder said...

Nice blog,Thanks for sharing with us
Prestige Tranquil Hyderabad
indis viva city
Brigade Citadel
Ramky One Galaxia

Ambience Courtyard said...

I really like your blog....thanks for sharing this good information...& I found some information about The Ambience Courtyard and it is Developed by Ambience Group, located in Manikonda, Hyderabad. It provides 2, 2.5 & 3BHK flats available in affordable prices.

Ambience Courtyard Hyderabad
Ambience Courtyard Manikonda

Prestige High Fields said...

Nice blog, thank you for sharing with us.
Prestige High Fields
prestige high fields hyderabad
prestige high fields gachibowli
prestige high fields puppalaguda
prestige high fields gachibowli hyderabad

Urbanrise Talk said...

Nice article thanks for sharing with us...& I have some information about Urbanrise Talk of Hyderabad is a new project located in Bachupally, Miyapur. It provides 2,3 & 4 BHK Luxury residences available for sale in affordable prices.

Urbanrise
Urbanrise Talk Of Hyderabad
Urbanrise Talk Of Hyderabad Bachupally
Urbanrise Talk Of Hyderabad Miyapur
Urbanrise Talk Of Hyderabad Price
Urbanrise Talk Of Hyderabad Location