BIKING TOWARDS A GREENER FUTURE

Punjab- A Pioneer
in Light Engineering

Punjab is amongst the prominent manufacturing state in India, with a distinct focus on light engineering industry, primarily comprising production of bicycle and bicycle components.

  • Punjab accounts for 92% of India’s production of bicycle parts and 75% of India’s production of bicycles
  • Ludhiana, is popularly known as the ‘Bicycle Capital’ of the country
  • Out of the 15 million bicycles produced in India each year, Ludhiana alone accounts for approx. 10.5 million
  • State-of-the-art Hi-Tech Cycle Valley, dedicated to manufacturing of bicycles, bicycle components and Evehicles coming up in Ludhiana

Advantage Punjab

10 distinct advantages offered by
Punjab for Cycle Industry

  • A progressive Industrial Policy launched in 2017 offering attractive fiscal incentives with a unique provision of special incentives for Anchor Units
  • A strong existing MSME base with a focus on Bicycle and bicycle components manufacturing
  • Robust industrial connectivity: Availability of state-of–the-art Infrastructure including a well-connected road, rail & air network
  • Punjab’s Single Window Clearance mechanism recognized as a Best Practice under Ease of Doing Business by DIPP, Government of India
  • Huge market base with a high propensity to consume: 25% higher per capita GDP than that of India
  • A pre-cleared land parcel of 380 acres is available for setting up of bicycle industry in Punjab – Cycle Valley at Dhanansu, Ludhiana
  • Strong existing ecosystem: One of the largest manufacturer of hand tools in India
  • Most peaceful work environment with no lockouts, strikes and labour unions; Punjab accounts for less than 0.5% of India’s total man-days lost
  • Dynamic human capital: Presence of renowned educational institutions such as ISB, IIM, IIT etc.

Minimal Cost of Doing Business

  • Cheapest available power in North India: Industrial tariff is 20% lower than the average of major Industrial States in India
  • Most competitive labour rates in the country; about 25% lower than the national average

Infrastructure
Development

Manufacturing of Bicycle, Bicycle parts, E-Vehicle, E-Rickshaw & Lithium Ion Batteries etc

Excellent Connectivity from Cycle Valley

  • Road
  • *8 km from Ludhiana- Chandigarh road
  • *13 km-Samrala Chowk

  • Railway Station
  • *18 km from Ludhiana Railway Station

  • Bus Stand
  • *18 km from Ludhiana Bus Stand

  • Airport
  • *2 hour drive from Mohali International Airport
  • * 1.5 Hours Drive from Adampur Domestic Airport

Location Map of Cycle Valley