Punjab eyes global cycling hub as industry pushes shift to e-bikes and platform manufacturing
Babushahi Bureau
Chandigarh, March 14, 2026: Punjab’s bicycle industry is preparing for a global expansion, with industry leaders highlighting innovation, policy support and export opportunities during the “Bicycles and eBikes” session at the Progressive Punjab Investors Summit 2026 held in Chandigarh.
The session, held under the theme “From Parts to Platforms: Punjab’s Next Gen Cycles for Global Markets,” focused on how the state can transform its traditional bicycle manufacturing sector into a modern, technology-driven mobility ecosystem.
Speaking at the event, Onkar Singh Pahwa, Chairman and Managing Director of Avon Cycles, said Punjab is increasingly becoming a business-friendly destination due to simplified procedures, digitised approvals and reduced compliance burdens. He noted that initiatives such as expanded self-certification for MSMEs and single-point registrations are helping industries convert investments into employment, exports and industrial growth.
Highlighting the strength of the sector, Pahwa said Punjab has a strong legacy in bicycle manufacturing, supported by more than 4,000 Micro, Small and Medium Enterprises (MSMEs) producing components and over 100 medium and large manufacturers that together produce around 2.2 million bicycles annually. He added that the state dominates India’s bicycle component ecosystem, supported by strong tyre manufacturing capabilities.
Sanjeev Pahwa, Chairman and Managing Director of Ralson India, highlighted the historical growth of the industry, particularly in Ludhiana, which emerged as a major centre for affordable mobility after independence. He said the sector must now reinvent itself by promoting bicycles not only as commuting tools but also as products for sports, fitness, leisure and sustainable urban mobility.
Industry experts stressed that the future lies in moving from component-centric manufacturing to integrated platforms producing advanced mobility solutions such as e-bikes, e-scooters and premium export-oriented cycles.
Varun Sureka, Director of Hartex Rubber, said global supply chain shifts are opening new opportunities for India as markets in Europe and North America look for reliable manufacturing alternatives. He emphasised that precision engineering, electronic integration and skilled manpower will be critical for expanding exports and building global trust.
Concluding the session, Rakhee Gupta Bhandari, Principal Secretary of the state’s Department of Food Processing, highlighted the need for continued policy support, skill development and design innovation. She urged industry stakeholders to build a strong ecosystem integrating technology, skilled manpower and modern production processes to position Punjab as a global leader in next-generation cycling solutions.