Hero Cycles withdraws Chinese plan worth ₹900 Crores | Pankaj Munjal to ET NOW
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Hero Cycles is the leading bicycle manufacturing company in India, it is also the market leader with 40% market shares. However, after Prime Minister Narendra Modi’s ‘Aatmanirbhar Abhiyan’, the company is now heading towards self-reliance. Pankaj Munjal, Managing Director of Hero Cycles speaks exclusively to ET Now on their vocal for a local ride, withdrawing Chinese Plan worth ₹900 Crores, demand-supply chain amid Coronavirus pandemic and more. He says, ‘The demand is peaking in Fitness Industry. The factory was operating on 100% capacity in the month of June. Our market share is expected to grow by 50% post-COVID-19. Our company is nurturing the Indian R&D Industry to become self-reliant’. Listen in! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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