Hero Cycles to Launch India’s Cheapest Bicycle at Rs 1999

Hero Cycles has declared that it is in continuous process to launch on Pankaj M Munjal’s guarantee of propelling one of the cheapest bicycles in the nation.

The association has discharged the subtle elements of new tech-improved roadster demonstrate, valued at just Rs 1,999. The new roadster idea includes innovatively particular arrangements planned by the Hero’s Manchester based Global Design Center (HGD), extraordinarily for day by day suburbanites who utilize bicycle to travel to their workplace, delivering to short distances, students going to schools and colleges.

Bicycles is one of the important means of transportation for a majority of India’s low salary workforce, particularly in remote provincial areas. More than 320 million indian people travel in the range of 6 to 10 kilometers day by day to their places of work, trade, business or for social activities. Around 70 percent of bicycles are purchased to bring more convenience, saving costs, upgrading people efficiency and reducing the transport duration.

Legend’s overhauled roadster will have an innovatively propelled steel outline that will empower 50 for every penny higher load-conveying limit while decreasing weight on the ride. Its sapre and body parts will be chemically-treated and will be rust-free.

“It will be a totally new item, created with materials which are surprisingly tough however light-weight,” says Pankaj M Munjal, Chairman, Hero Motors Company.

A scheduled launch date or time frame for the new cycle hasn’t yet been disclosed or officially announced. The main idea to introduce the cheapest bicycle is identified after the company’s previous move of slashing the prices of its basic bicycle by Rs 500. The move however received criticism from multiple market experts and research analyst. Many bicycle manufacturers opined that the price-cut would have an adverse impact on small bicycle manufacturers.

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