MOVE – Global Mobility Summit held at Vigyan Bhawan on 7-8
Sept 2018 at Delhi

 
    

Speech of Mr Pankaj Munjal , Chairman HMC & Sr Member of AICMA
at MOVE – Global Mobility Summit held at Vigyan Bhawan on 7-8 Sept 2018 at Delhi , which was inaugurated by the Hon’ble Prime Minister of India .

The speech on incredible role and sustainable importance of Cycling for India received high and wider appreciation. The same is circulated further in written form by the AICMA for those who could not attend the Summit. The speech reads as:

“1.Honorable Prime Minister of India, dignitaries, ladies and gentlemen.
It’s an honour to be standing here to talk on this subject that I love so much, for not that I am born in a family associated with wheels for 60 years, but that our business can’t go against the grain of society and nature.

2. India consumes 35 Lakh cars, 2.5 Crore motorcycles but only 1.5 Crore bicycles. Penetration in India is 67 bicycles / 1000 households vs. Europe of 800. This is not in line with Global Trends. Ladies and gentlemen, even today 32 cr. people walk to work, to school, or commute for up to 6 kms, daily. Because they can’t afford even a cycle. A study reveals that if 12% of them get wheels, GDP goes up by a percentage point.

3. Owning a cycle is like investing in business.
In a village one delivers milk,to the milk plant,
He transports clothes that his wife stitched to a store and makes a living out of it.

4.In Modern India, we face 4 social issues.
-Urban congestion
-Urban Pollution
– Depletion of Fossil fuel
-And deteriorating Health.
A bicycle remedies them all

5.What does the future of transportation look like?
I do realise, that this room is full of leaders of global automotive industry, and what I am going to say, may not exactly excite you, but I come with a world class solution for the masses of India.

6.Surely the solution is not where poor will drive cars? Even if the car is clean, it still creates a jam. One drives to the gym for spinning a cycle. We love our own car, but hate the other for creating traffic.

7.Prime Minister sir, the youth of the country today looks up to you, as a role model, guiding them for a brighter tomorrow. You are identified with large intervention programs, that are transforming the core of our nation. Swatch Bharat and Swastha Bharat, where the bicycle can play a meaningful role.

8.We feel very excited to share, the introduction of our E bike, the ‘Lectro’. The running cost of Lectro is ₹7 / 100 kms. A motor is now being fixed on each platform and we are working to roll out one million units a year.

9.Is a humble bicycle, an e – bike a part of the solution for intra city commute?.
I submit, it is. Hero makes 5% of the world’s bi-cycle production, 6mn in numbers and my mission is to make most electric

10.Sir, to sum-up 3 things are required.
– Micro finance.
– Safety on roads.
– Integrate last mile connectivity of with bicycles.
With these in place, we can achieve the 1% additional GDP growth.
Jai hind”

 
    

MOVE – Global Mobility Summit held at Vigyan Bhawan on 7-8
Sept 2018 at Delhi

 
    

PEDAL TO MOVE A BETTER FUTURE -EVENT AT INDIA GATE

 
    

AICMA DELEGATION ATTENDED WBIA MEETING AT SHANGHAI, CHINA

 
    

AICMA ATTENDED ABA ANNUAL MEETING 2017 AT RUSSIA

 
    

UNIDO STUDY TOUR WITH AICMA DELEGATES AT CHINA

 
    

AICMA, UCPMA AND FICO DELEGATION MEETING WITH MINISTER OF COMMERCE & INDUSTRY

 
    

AICMA, UCPMA AND MANY BICYCLE PARTS MANUFACTURERS’ DELEGATION MEETING WITH MINISTER OF HOUSING & URBAN AFFAIRS

 
    

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1st ABA Meeting attended by President AICMA – Shri Pankaj Munjal
aba

 

Pankaj Munjal, CCMD of Hero Cycles, made Honorary Member of the newly formed Asian Bicycle Alliance at the 25th China Cycle Expo in Shanghai

  • (ABA) was launched a day prior to the opening of 25th China Cycle Expo in Shanghai
  • ABA has been formed by cycle industry leaders to further promote cycle segment in the Asia region
  • Pankaj Munjal, Co-Charman & Managing Director of Hero Cycles was honoured at the founding ceremony of ABA in Shanghai
  • Industry associations of 10 countries including Russia have become members of the association

New Delhi, 7th May 2015:

Asian Bicycle Alliance, Asia’s first association for cycle manufacturing industry, was launched at the start of 25th China Cycle Expo in Shanghai, China.
Cycle manufacturers’ associations from 10 countries including India gathered at the founding ceremony of ABA. Mr Pankaj Munjal. Co-Chairman & MD of Hero Cycles, world’s largest cycle manufacturer by volume, was representing the Indian cycle industry at the four-day event. Mr Munjal was felicitated at the event and was made the honorary member of Asian Bicycle Alliance.

Speaking about this newly formed association, Mr Munjal said, “This is the first time that industry associations from all over Asia are collaborating at such a large scale. We all aim to promote the growth of cycling industry in the region and encourage the free flow exchange of learnings and technology, underlining the importance of development and advancement of technology. I am sure this partnership would definitely benefit the Asian cycling industry the long run.”

The aim of the alliance is to promote the growth of the cycling industry in Asia region and exchange of learning and technology. The members of the alliance include cycle associations from China, Taiwan, Turkey, India, Philippines, South Korea, Vietnam, Indonesia, Japan and Russia.

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TI Cycles rolls out Belgian brand of premium cycles
ti-news

(From left) Richard Craig Wittenberg, VP, Operations, Ridley Bikes; L Ramkumar, MD, Tube Investments; Joachim Aerts, CEO, Ridley Bikes; and Arun Alagappan, President, TI Cycles.

Cycling enthusiasts will now get chance to own a Ridley, a high-end, professional brand, with TI Cycles launching a specially made-for-India range.

TI Cycles formally launched the Belgian brand of cycles here following a 33-year licensing agreement between the company and Ridley signed last year.

Arun Alagappan, President, TI Cycles, said the India range of models will be available from June at a price range of Rs.25,000 to over Rs.80,000. It will launch 11 models including hybrids, mountain bikes and road bikes.

In addition, they will also launch a fleet of 14 models of Ridley cycles directly imported from Belgium priced between Rs.63,000 and Rs.7.8 lakh, including the Noah SL, the model that made a mark in the Tour De France, the 3,500-km cycle race. Ridley cycles won four stages in the multistage race.

The licensing agreement between the Murugappa Group company and the Belgian company looks beyond marketing to collaborating on developing bicycles for India. The objective will be to offer the performance of professional biking at Indian prices, he said.

L Ramkumar, Managing Director, Tube Investments, of which TI Cycles is a division, said the launch of the Ridley is in line with the evolving trends in cycling as enthusiasts look for improved performance matching professional cycling. Cycling clubs have proliferated in major cities and buyers are continuously looking for more. Joachim Aerts, CEO, Ridley Bikes, also unveiled a Helium SL, specially styled in the Indian tricolour, priced at Rs.6.75 lakh.

Aerts said Ridley is a technology-oriented company that looks continuously to innovate. In April, it will launch an open innovation centre, in which even companies other than in cycling will participate to provide technology that will upgrade performance.

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