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High-end premium bicycles from BMW and Benz in Punjab and Chandigarh markets
The increasing adoption of premium bicycles leads to the significant growth of the Indian bicycle market. The entry of luxury automobile companies would work as a propellant in the growth. Very recently, companies like BMW, Mercedes-Benz, Trek, etc have introduced premium bicycles in Punjab and Chandigarh markets.
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The luxury company outlets in Chandigarh and Punjab were able to sell one bicycle per month. Those who were already associated with these luxury automobile brands purchase bicycles. Since August, BMW was able to sell five bikes in Chandigarh and Ludhiana.
The cost of these bikes:
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The trekking cycle costs start from 1.5 lakh. The frame of these bicycles is made of aluminum. Besides businessmen, doctors, professionals and top corporate executives purchase these bikes. Bicycles are not only for fun but also a responsible way of acting towards the environment. And that is why, there are being more preferred in Chandigarh, Ludhiana, and Jalandhar.
-PTC NEWS-
Premium brands | Price |
Mercedes-Benz | Rs 1.48-1.64 lakh |
BMW | Rs 91,000 |
Carrera Podium | Rs 2-7 lakh |
Scott | Rs 1.25 lakh onwards |
Marin | Rs 1.5 lakh onwards |
Trek | Rs 1.5 lakh onwards |