China Cycle Show 2019 Tour Booklet released in Ludhiana

Ludhiana, May 2, 2019: Today, meeting of Federation of Industrial & Commercial Organization held at FICO Head Office, B-XXI 1856 Jaimal Road, Janta Nagar, Ludhiana The Tour Booklet for “The 29th China International Bicycle & Motor Fair” to be held at Shanghai, China, have been the released by Shri R. K. Parmar & Shri Kundan Lal Asst. Directors MSME Development Institute Ludhiana along with Shri K. K. Seth Chairman FICO, S. Gurmeet Singh Kular President FICO & S. Manjinder Singh Sachdeva General Secretary FICO

Under the Chairmanship of S. Gurmeet Singh Kular President & S. Manjinder Singh Sachdeva General Secretary FICO, The leader of the delegation will be S. Janpneet Singh Chhatwal Head FICO’s Young Leaders Forum and Shri Varun Kapoor will be the Deputy Leader of the Delegation.

China Cycle Show is the World’s Number 1 Exhibition on Bicycles & Bicycle Parts. CHINA CYCLE gathers all the international and local market leaders from the industry, displays products — from components to manufacturing equipment’s, addresses all important target groups and thus creates the best communication and business environment for both sides. With CHINA CYCLE, one could: Learn new trends of market and learn more about industry competition, Attend concurrent events and find new possibilities lying ahead, Meet key industry players and talk about new purchasing planning.

It will be the 50th tour of FICO since its inception in 2013; 40 young Entrepreneurs will participate in the 50th tour by FICO. It is notable that in all the international delegations FICO has visited the Factories for the awareness of members about the manufacturing technologies being used there. This time also the Delegation will Visit the Chinese Cycle Companies to update with Latest Technology of Manufacturing of Bicycles & it's Parts said Manjinder Singh Sachdeva General Secretary FICO.

Shri K. K. Seth Chairman FICO congratulated the delegates and strongly emphasized on the technology transfer from China, so that the industrialists could manufacturer the world class products in India.

S. Gurmeet Singh Kular President Said that we have to visit this exhibition every year to keep our self-updated with the international bicycle standards & technology, because now the China is the Largest Manufacturer of Bicycle & its Parts in the World, and India lies second. There is huge gap of 18 Crore Units of Bicycle per Year between first and second position. So we need to pull up our socks and think beyond the Roadster models of bicycle as Hi-End Bicycles are the future of this industry. If India produce high end bicycle then our export to the world market will boost Indian Economy.

Thursday, May 2, 2019