Hero Cycles opens aluminium cycle producing unit at Ghaziabad
Hero Cycles opened a new all-aluminium cycle producing unit at its existing facility in Ghaziabad to indigenise production of aluminium cycles by making its frames that makes the cycles lighter and more efficient. Till now, the company was importing aluminium frames to produce high-end bicycles.
The plant has an installed capacity to produce one lakh cycles per annum. “This new facility will be producing aluminium bicycles, giving our products a new dimension and an edge over our competitors,”Hero Cycles Co-Chairman and Managing Director Pankaj Munjal said.
Source: The Hindu, The Hindustan Times