On Thursday, Hero Cycles said that it has got an order of 7.5 lakh bicycles from the government of West Bengal, which will be distributed to 9 to 12 class students in the state.
Hero Cycles said in a statement, this is the largest ever government order to any bicycle manufacturer and the company has decided to ramp up its production capacities to keep up with the demands from its current distribution network, as well as to fulfill the new order.
Hero Cycles Chairman & MD Pankaj Munjal said, “This clearly shows the confidence that the state government has bestowed upon us. This massive order is not only going to benefit Hero Cycles but also help various big and small vendors and suppliers to associate with the company.”