ANI PR Wire
17 Mar 2023, 15:45 GMT+10
Ludhiana (Punjab) [India], March 17 (ANI/BusinessWire India): With a rapidly globalizing Indian economy and rising standards and advancements, brands are making tremendous innovations to keep up with the new age of consumerism. The whole dynamic has changed, from cycling being segmented by usage to cycling being segmented by lifestyle. The premium bicycle market in India has been growing at a 25 per cent CAGR and has emerged as one of the fastest-growing segments.
Cambio Bikes is a premium bicycle brand launched by Avon Newage Cycles Pvt Ltd in 2022 to cater to the expanding market for high-end bikes that stand out. The Cambio range is fully alloyed, with 10 exciting models in MTB and Hybrid with 21- or 24-speed options, and single-speed versions available in 26T, 27.5T, and 29T sizes. In just one year, Cambio has built up an enviable network of over 300 dealers across India.
On this occasion, Jt. MD, Avon Cycles Ltd, Rishi Pahwa, the man behind the concept, said, "The idea behind Cambio Bikes stems from the need to cater to a niche customer who is lifestyle conscious and looks forward to quality and style."
"As the growing market trends started to shift towards high-end bikes, we understood the importance of online marketing. The Cambio bike is a perfect match for the world-class quality and refinement of German engineering to serve the young generation of biking enthusiasts and meet modern-day expectations," said Mandeep Pahwa, Executive Director, Avon Cycles Ltd.
Onkar Singh Pahwa, CMD of Avon Cycles Ltd, said, "With our legacy spanning more than seven decades, Cambio is our foray into premium cycling, being manufactured in the state-of-the-art unit in Neelon, Ludhiana, built explicitly for premium and high-end bicycles, paving the way for the future."
Cambio is available in more than 300 channels dealing in premium bicycles across India. With the changing attitude of people towards cycling, the market has picked up for the premium segment. Cycling goes beyond the quest of sports to provide value to one's life, and people explore its potential to see how far they can go physically and mentally. It is being actively taken up as a sport and fitness regime, and Cambio Bikes is your ideal riding partner.
Cambio is preparing to take the wheel of the next revolution in the world of bikes, keeping in mind consumers' ever-changing demands and trends. Cambio aspires to shift the cycling industry's paradigm by taking bold steps towards the ever-changing shape of terrain that paves the way for the rise of an icon--a symbol of progress.
One can buy Cambio online through the official website, cambiobikes.com, along with the wide accessory range.
This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article. (ANI/BusinessWire India)
Get a daily dose of South East Asia Post news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to South East Asia Post.
More InformationCROWNPOINT, New Mexico: Navajo Technical University, located on the largest Native American reservation in the US, has become the first ...
WEST READING, Pennsylvania: An explosion occurred at a chocolate factory in Pennsylvania, killing seven people and seeing ten staff members ...
OTTAWA, Canada: US President Joe Biden and Canadian Prime Minister Justin Trudeau have announced a plan to close a loophole ...
UVLADE, Texas: Texas police stopped a Florida-bound freight train this week and discovered two migrants had died in a freight ...
ROLLING FORK, Mississippi: A powerful tornado has struck Mississippi, killing at least 25 people, injuring dozens, flattening entire blocks and ...
TEGUCIGALPA, Honduras: In what could signal the end of his country's decades-long relations with Taiwan, Honduran foreign minister Eduardo Enrique ...
NEW YORK, New York - U.S. stocks lipped on Tuesday as bond yields rose in the aftermath of the easing ...
DUBLIN, Ireland: US pharmaceutical giant Eli Lilly has said it will build a $1bn medicine manufacturing site in Limerick. Lily ...
WASHINGTON D.C.: The US National Transportation Safety Board has said that after an automated cockpit warning that switched off a ...
BEIJING, California: As the world's second-largest economy is still struggling to fully recover from the long-term effects of COVID-19, most ...
NEW YORK, New York - Bank shares were being bought up on Monday as U.S. industrial stocks kicked the week ...
WASHINGTON D.C.: To address summer airport congestion and low air traffic controller staffing levels, the Federal Aviation Administration (FAA) said ...