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The big shareholder groups in Atlas Cycles (Haryana) Limited (NSE:ATLASCYCLE) have power over the company. Large...
This page lists notable bicycle brands and manufacturing companies past and present. For bicycle parts, see List of bicycle part manufacturing companies.. Many bicycle brands do not manufacture their own product, but rather import and re-brand bikes manufactured by others (e.g., Nishiki), sometimes designing the bike, specifying the equipment, and providing quality control.
The development of Sonepat Industrial area in the city started in the 1950s with Atlas Cycle. [28] Since then, many small and big industries have been established here. Atlas, E.C.E. [29] or the Birla Factory, OSRAM India (formerly part of E.C.E., but in October 1998 it was acquired by OSRAM [30]).
Hero Cycles was established in 1956 in Ludhiana Punjab, manufacturing bicycle components. Today, Hero Cycles is one of the world's largest manufacturers of bicycles, producing 18390 cycles per day. [8] [9] Hero Cycles Ltd. is part of Hero Motors Company. [10] In 2016 Hero cycles exported to over 70 countries world-wide.
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Hercules cycle on a beach in Mumbai. TI Cycles of India (a unit of Tube Investments of India Ltd.) is a bicycle manufacturer based in India. Established in 1949 by the Murugappa Group and Sir Ivan Stedeford of Tube Investments Group in UK, TI Cycles is the maker of brands including Hercules, BSA and Philips cycles.
Hero Motors Company (HMC) is an Indian multinational business conglomerate controlled by Pankaj M Munjal. [5] [6] The HMC family [1] [7] is made up of organisations such as Hero Cycles, Avocet Sports (UK), [8] BSH (Sri Lanka), Firefox, [9] Spur, [10] HGD, [11] Hero Motors, [12] Munjal Hospitality, [13] [14] Munjal Kiriu, [15] ZF Hero [16] and OMA.
Around the same time, the company expanded to Indore, the largest city in central India, in partnership with Atal Indore City Transport Service Limited with 1,000 cycles. A plan to increase the number of cycles by 3,000 was also approved. [12] Mybyk in Ahmedabad, 2020. In 2023, the company introduced electric bicycles as part of its fleet. [13]