Avon Cycles Prices to rise soon

Avon Cycles Prices to rise soon

Avon Cycles
Avon Cycles

Cycle prices will soon be on a rise as the input costs like the steel prices have risen
Avon cycles have already made it clear that cycles prices would be increased by about 2 per cent which is likely to work out around Rs. 55 to Rs. 65..
Standard bicycle costs around Rs 2,700.

Onkar Singh Pahwa, Managing Director of Avon Cycles said

“The poor man’s vehicle the bicycle will now cost Rs 55 to 65 more”

According to Economic Times , Mr Onkar Singh Pahwa also said that the industry is being forced to increase the prices as the basic materials required like nickel and steel have been on a rise for about a month

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