News Snapshot:
Written by Raakhi Jagga | Ludhiana | Published: July 4, 2020 1:00:25 pm Meanwhile, Hero cycles had been importing parts of high-end bicycles and even complete high-end bicycles as well which are purchased by professional bikers or even by persons for recreational activities. After offering technical help to members of United Cycles Parts and Manufacturers Association (UCPMA) to reduce dependency on China , Hero Cycles’ Chairman-cum-Managing Director (CMD) Pankaj Munjal on Friday announced cancellation of upcoming trade ties worth Rs 900 crore with China. Munjal, while talking with mediapersons, said, “In the coming 3 months, we had to do business...