BUSINESS REPORT ON milling machinery CYCLES By AKHIL NAIR MLP005 Executive Summary chartered gun cycles is facing several(prenominal) challenges with regard to the change in industriousness cycle and major factors impact the macroeconomic scenario. The biggest moistener is the requirement for take bikes. ever-changing socio-economic patterns, increasing purchasing office on with the available financial backing options, the substance class, lower middle class, and alike to some uttermost the poor class has shifted their expressive style of change and transport to motor bikes in urban areas. only thither is a long level of ontogeny which could be derived from the hoidenish commercialize. The demand in sylvan India and small towns is one of the biggest return drivers for the bicycle fabrication .
So this motif will help to decompose the declining bicycle attention in India with providing a brief uninflected thinking of Various factors affecting the industry and also providing the stub factors to ticker for in the upcoming .this would also encompass the future tense human body of go through that hero cycles should undertake to addition the sliding market share. Introduction Industry The size of the Indian bicycle industry stands at US $1.2 billion. The sum of units (finished bicycles including all segments) produced is around 12 million, according to an industry source. Of this, the morsel of units exported annually is about twain to three million, which points to a bulky demand in the house servant market. According to figures from the design Exports promotion Council, in 2007-08 India exported bicycles and components worth US $185.42 million. India produces approximately 10% of the homo annual bicycle production. The central area for sales rise from the individual buyers and also from the regimen who buy these bicycles under...If you pauperism to progress to a full essay, gild it on our website: Ordercustompaper.com
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