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NEW DELHI: At a time when Indians are looking forward to owning a car for just over Rs. 1 lakh, bicycle maker Firefox Bikes on Tuesday launched its luxury mountain bike for Rs. 91,000. The company will also launch five more models of mountain bikes this year. “Over the last year, we have witnessed a positive response towards high-end bikes which bring with them technology, innovation and style. The Fuel EX 5.5 provides a quality cycling experience unmatched by other bike in India,” Firefox Bikes Managing Director Shiv Inder Singh said in a statement. The new bike, Fuel EX 5.5, will be distributed through its 45 exclusive retail outlets. Firefox has a range of over 40 super bikes and is also the sole distributor of U.S.-based Trek Bikes in the country. — PTI
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