Hero Cycles seeks govt. help on parts shortage

‘Localising to lessen reliance on China’

December 31, 2020 09:20 pm | Updated 09:20 pm IST - NEW DELHI

Lectro, e cycle from Hero cycles. Photo : Bijoy Ghosh To go with R. Balaji's report

Lectro, e cycle from Hero cycles. Photo : Bijoy Ghosh To go with R. Balaji's report

Hero Cycles on Thursday sought government support for uninterrupted supply of components as well as help in localisation of high-end parts for bicycles and e-bikes in the country amid various disruptions.

The COVID-19 pandemic has triggered a significant demand surge for bicycles and e-bikes as people look for personalised, and eco-friendly transport options. However, the shortage of raw material and components has meant that bicycle makers are struggling to fulfill surging demand, Hero Cycles said in a statement.

The supply chain disruption following the pandemic, restrictions on Chinese imports, and the freight train obstruction in Punjab have resulted in a shortage of raw materials and inputs for the bicycle sector, it said.

‘Cargo trains to Punjab’

“First, we need all freight train movement to Punjab to resume completely, allowing us access to raw materials. Second, the sector needs government support in localising component manufacturing and reducing dependence on foreign supplies, particularly from China,” he said.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.