Ludhiana’s Bicycle Manufacturing Industry Experiences Export Boom
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- June 1, 2025
- Business Trends, Punjab
- Export
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Ludhiana, Punjab — Ludhiana, the “Manchester of India,” is riding high on a wave of growth as its bicycle manufacturing industry sees a major surge in exports. Known for producing over 90% of India’s bicycles, Ludhiana has become a global hub for bicycle production, with nearly 10.5 million bicycles manufactured annually. This surge in exports is reshaping the local economy and positioning Ludhiana as a key player in the international bicycle market.
Key Growth Drivers: Government Initiatives and Innovation
The success of Ludhiana’s bicycle industry is bolstered by proactive measures from the Punjab government. The Cycle Valley Project, launched in 2016, aims to transform Ludhiana into the world’s largest high-end and electric bicycle manufacturing center. The initiative targets an annual production of 15 million bicycles, further increasing Ludhiana’s footprint in global markets. (cyclingindustry.news)
Leading Manufacturers Powering Exports
Prominent players like Hero Cycles, established in 1956, lead the charge. With a production capacity of over 7.5 million bicycles annually, Hero Cycles controls over 43% of the domestic market share. The company’s innovation in electric and high-performance bicycles has led to a growing share in international markets. (herocycles.com)
Additionally, Eastman Industries, which exports bicycles to over 65 countries, including the European Union, the United States, and the United Kingdom, is making significant strides. Their Ludhiana-based factory has a production capacity of 300,000 bikes per year, and with plans for expansion, the company is set to increase its global footprint. (eastmanbikes.com)
Challenges and Strategic Focus
While the industry is booming, it faces challenges from increasing competition and the need for advanced technology. The United Cycle Parts Manufacturers’ Association (UCPMA) has been advocating for improved support for Micro, Small, and Medium Enterprises (MSMEs), greater technological integration, and the development of safe cycling infrastructure. (hindustantimes.com)
Looking Ahead: Sustainable Growth
With continued investment and government backing, Ludhiana’s bicycle manufacturing sector is set to maintain its upward trajectory. The combination of traditional craftsmanship and modern innovation positions Ludhiana for sustained export growth, contributing significantly to the Indian economy.
