A GIG WORKER AND A BICYCLE

A GIG WORKER AND A BICYCLE

It was at the peak of the global Covid-19 pandemic, when a gig worker desperately reached outside a bicycle shop. The half opened shutter and a ray of light beaming out of it gave him hope that he would be able to find a bicycle at this store. A large group of migrant laborer’s were traveling back home on foot or on a bicycle in the emergency lockdown situation in India – all other transportation were closed at that time.

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PANDEMIC SPURS BICYCLE DEMAND IN INDIA, INDUSTRY EXPECTED TO GROW BY 20%

PANDEMIC SPURS BICYCLE DEMAND IN INDIA, INDUSTRY EXPECTED TO GROW BY 20%

India’s bicycle industry is pedalling to a decadal-high demand growth of 20% this fiscal, with sales likely to touch 1.45 crore units compared with 1.2 crore units last fiscal. The ongoing Covid-19 pandemic has spurred demand for bicycles owing to improving fitness consciousness and leisure requirements, says Credit Rating Information Services of India Limited (CRSIL).

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