Hotline: 1800 102 2007
Hotline: 1800 102 2007
Nov, 22 2018

Trek Bicycle plans to expand to 30 new cities in 5 years

Trek Bicycle Corporation designs, manufactures and sells 40 bicycle models in more than 100 countries.

Trek Bicycle plans to expand to 30 new cities in 5 years

Trek Bicycle Corporation, America's Waterloo-based company, is planning to expand to 30 new Indian cities in the next five years. Currently, the company is present in 25 cities.

Trek Bicycle Corporation forayed into India in 2007 through a distributor. But a year ago, the company had set up its fully-owned subsidiary indicating its deeper interest in the country. 

Trek Bicycle Corporation designs, manufactures and sells 40 bicycle models in more than 100 countries.

Navneet Banka, the company's country manager in India, said, "Our focus in India is to provide a great buying and ownership experience and expand the super-premium bicycling segment in India. Five cities, Delhi, Mumbai, Bangalore, Chennai and Hyderabad, currently account for 55 per cent of super premium bicycle sales, but we see a lot of interest coming from smaller cities like Indore, Bhopal, Haldwani as well."

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Hospitals
    About Us: Within a short but dynamic span of 8 years,..
    Locations looking for expansion Haryana
    Establishment year 2016
    Franchising Launch Date 2019
    Investment size Rs. 30lac - 50lac
    Space required 1600
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • About Us: Virohan Institute of Health & Management Science is one..
    Locations looking for expansion Haryana
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 2lac - 5lac
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurugram Haryana
  • Clinics & Nursing Homes
    ·         ServElder has wide experience in providin..
    Locations looking for expansion Haryana
    Establishment year 2019
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Bakery & Confectionary
    UK and International Franchise OpportunitiesSince starting Crêpeaffaire in 2004, we..
    Locations looking for expansion Haryana
    Establishment year 2005
    Franchising Launch Date 2018
    Investment size Rs. 10000 - 50000
    Space required 120
    Franchise Outlets -NA-
    Franchise Type MultiUnit
    Headquater Faridabad Haryana
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities