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The Drawing Board - Engineering with Attitude

Indian bicycle industry to lose huge market shares to China

The Ludhiana bicycle industry , more than sixty years old and exporting bicycles and cycle parts across the globe, is likely to lose out up to 50 per cent domestic market share and Rs 100 crore worth exports to Chinese bicycles this year, in view of sharp difference between input prices in the two countries.
Monday 30 July, 2007 10:24 AM

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