In the midst of boycott of Chinese products, Bicycle maker Hero Cycles has also canceled a business of Rs 900 crore, Taking a big decision. This business hero did with Chinese companies. Earlier, Hero Cycle had also donated 100 crore rupees to the government to deal with Corona.
There are many big companies in Ludhiana of which Hero Cycles is also prominent. Because of the Coronavirus, companies all over the world were trying to save their business. At the same time, Hero Cycle was also moving at that time. In order to buy China, Hero Cycle also took an important decision to do 900 million business with China in the coming 3 months.
It has now canceled. There are a large number of small bicycle makers in Ludhiana. For whose help, Hero Cycle has now come forward. Hero Cycles are offering small companies to merge themselves.
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In an interview, MD and director of Hero Cycles, said that this decision has taken to Boycott from China. Now the company has closed all kinds of trade with China. The future is now being explored by the company among other countries in the world in which Germany is important.
Source – Google