Hero Cycles shelves trade ties worth ₹900 cr with China | Editorji
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Hero Cycles shelves trade ties worth ₹900 cr with China

Jul 07, 2020 12:40 IST

Hero Cycles has announced cancelling upcoming trade ties worth ₹900 crore with China. The move comes amid calls to boycott Chinese products after the Ladakh clash. Hero cycles had been importing parts of high-end bicycles and even complete high-end bicycles. Germany is the top market which the company is looking as a substitute to China. Hero Cycles is planning to set up their plant in Germany from where they can cater to the European markets.

Global Business