You are here:HomeLive TVVideosNewsBudget 2012: Bicycle Demand To Go Down As Prices Will Rise, Says Atlas Cycles

Budget 2012: Bicycle demand to go down as prices will rise, says Atlas Cycles

loading..

ID Chugh, Whole Time Director of Atlas Cycles Ltd expects demand to be impacted as bicycle prices might go up post the Union Budget. "Naturally the imported bicycles which were coming from China are going to be costly. Also, the impact duty hike on raw materials has also increased prices of bicycles as the prices of steel, chemicals, paints and freights has gone up," he says.

Social Sharing

Advertisement

From Reuters

The many interpretations of Ben Bernanke

The many interpretations of Ben Bernanke The last thing experts want is for Bernanke to be believed when he promises to carry on with an unchanged policy.
Market Data provided by © Accord Fintech.
© Copyright NDTV Convergence Limited 2013. All rights reserved.