ADD ANI AS A TRUSTED SOURCE
googleads
Menu
General News

Punjab: Cycle industry running at 50 pc loss due to shortage of labourers, say manufacturers

Ludhiana (Punjab) [India], July 21 (ANI): Despite a rise in demand for cycles, the industry is not able to take advantage of the situation due to the shortage of labourers amid the COVID-19 pandemic, according to Avtar Singh Bhogal, the director of Bhogal Cycle Industries.

ANI Jul 21, 2020 21:04 IST googleads

Avtar Singh Bhogal, director of Bhogal cycle industries speaking to ANI on Tuesday.

Ludhiana (Punjab) [India], July 21 (ANI): Despite a rise in demand for cycles, the industry is not able to take advantage of the situation due to the shortage of labourers amid the COVID-19 pandemic, according to Avtar Singh Bhogal, the director of Bhogal Cycle Industries.
"The scheme of distribution of bicycles in different states is closed due to COVID-19. However, if the order comes, we will not be able to manufacture cycles due to the shortage of labourers. We are running at 50-60 per cent sale of our total target," Bhogal told ANI.
"Previously, if someone used to make a sale worth Rs 2 lakh, now they are making around Rs 50,000," he added.
Onkar Singh Pahwa, the president of the All India Bicycle Manufacturers Association (AICMA) said right now we are not able to produce cycles at the previous rate due to the shortage of labourers.
"Both we and our vendors are running short of labourers. There is a lot of demand in the market but we are not able to fulfil the demand. We have at least 15-20 days waiting for the orders," said Pahwa.
"Last year, from the month of April to June, we sold 50 lakh bicycles. This year during the same time we only sold 25 lakh cycles till June," he added.
Pahwa is hopeful that as soon as the schools will reopen, the demand and supply will go back to normal. (ANI)

Get the App

What to Read Next

Politics

Giriraj Singh slams Rahul Gandhi over conduct in Parliament

Giriraj Singh slams Rahul Gandhi over conduct in Parliament

Speaking to reporters here on Thursday, Singh said the opposition had sought permission to speak on the issue of LPG, but did not adhere to the subject.

Read More
Politics

"No shortage of petrol, diesel or LPG": Hardeep Singh Puri

In his statement in the Lok Sabha, Puri said the government has taken multiple measures to safeguard the country's energy security and ensure the uninterrupted availability of petroleum products, cooking gas, and natural gas.

Read More
General News

ED attaches 31 immovable properties worth Rs 581.65 crore in...

ED attaches 31 immovable properties worth Rs 581.65 crore in...

The attached properties are in the form of land parcels situated in Goa, Kerala, Karnataka, Punjab, Tamil Nadu, Uttar Pradesh, Haryana, Jharkhand, Maharashtra, Delhi, West Bengal, Andhra Pradesh, and Rajasthan.

Read More
General News

SC grants bail to two accused in Siddhu Moosewala murder case

SC grants bail to two accused in Siddhu Moosewala murder case

Pawan Bishnoi was allegedly booked in connection with arranging a Bolero car used in the shooting that killed Moosewala, while Jagtar Singh was booked on a separate ground, along with more than 20 others, in the high-profile murder case.

Read More
General News

Union Minister Hardeep Singh Puri assures energy supply

Union Minister Hardeep Singh Puri assures energy supply

Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, informed the Lok Sabha on Thursday that the country is successfully navigating the major disruption in global energy supplies following the West Asia conflict.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.