Cycle Industry Used To Be Booming, Now Hit By China Tension | Read
The bicycle industry is among the key businesses that looked forward to a boost due to the coronavirus pandemic. The countrywide lockdown imposed by the government to curb the spread of the deadly COVID-19 disease initially triggered added demand for bicycles, which are one of the most efficient ways to move around while maintaining social distance. However, the clash with Chinese forces in Ladakh in which 20 Indian soldiers lost their lives has increased concerns for Punjab, a bicycle-manufacturing hub which relies on China for parts.
