The Indian envoy to the US, Taranjit Singh Sandhu, expressed excitement on Tuesday as he came to launch the first Indian bicycles in the American Walmart store. While talking to a news agency, Sandhu said, “Make in India, Make for the World. He delights in joining the first India-made bicycle launch in the Walmart American store, which # Ludhiana and # HeroCycles manufactured.
First India-made bicycles by Hero EcoTech Ltd.
Earlier, it was announced by Walmart that the first India-made bicycles hit US stores during the time of holidays. One of the popular Indian manufacturers and bicycle exporters, Hero Ecotech Ltd., designed the cruiser-style bike for Walmart, carries the Concord brand in both adult-size women’s and men’s versions, and adds the growing bicycle services to the company.Â
Hero Ecotech Ltd is listed among the top Indian bicycle manufacturers who build relationships with US Walmart and helps the company boost its goals triple in exporting goods from India to the US, at USD 10 billion annually till 2027.Â
Walmart’s push for Made in India cycles
On Tuesday, Walmart announced that the first Indian-made bicycles are hitting select stores in the US. The initiative is part of the company’s efforts to triple its exports from India to $10 billion annually by 2027.
The US store said in a statement that it has entered into a strategic partnership with Hero Ecotech to expand the corporation’s bicycle services. Hero Ecotech has designed a ‘cruiser-fashion’ motorbike with Concord branding to be had in adult-length men’s and women’s versions. The new cruisers, to be able to be sold in Walmart stores, have over 90 lines in their raw materials sourced from India.
Make in India, Make for the World – India’s Rich History.Â
As per the press release via the company, the rich history of India as a leading bicycle manufacturer is set by Hero EcoTech Ltd. The cruisers sold in US Walmart stores are built with over 90 % raw material sourced from India. The company recognizes itself as the best manufacturer of Indian mobility products and holds the tag of leading and largest bicycle exporter in India, which ships bicycles to more than 80 countries.Â
In fact, Walmart’s commitment to India is not new because the company already exports bicycles across various categories. As part of Walmart’s contribution to the country’s Make in India initiative, the company aims to empower around 50,000 MSMEs to participate in global and local supply chains by Vriddhi. Make in India, Make for the World, is referred to as the comprehensive training and growth program launched in 2019 to scale up, modernize, and meet the global and local ambitions of MSMEs.Â
ConclusionÂ
India’s ambassador to the US, Taranjit Singh Sandhu, has praised the launch of made-in-India bicycles at Walmart. The Indian envoy posted a message on X (formerly Twitter) alongside a photo of a blue-colored bicycle, probably at a Walmart store in the US, and cited that the bicycle was manufactured in Ludhiana by way of Hero Cycles.
