On 09 June 2016
TI Cycles of India has inaugurated its state-of-the-art bicycle manufacturing facility in Rajpura, Punjab on 09 June 2016. This facility - a greenfield project, is set up with the support of the Government of Punjab. This factory has been set up to cater to the growing demand in the North and East Indian markets.The plant has been built with a capital expenditure of Rs 105 crore and has the capacity to manufacture 2.50 lakhs of cycles per month, with the ability to expand when required.
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