High-end premium bicycles from BMW and Benz in Punjab and Chandigarh markets
High-end premium bicycles from BMW and Benz in Punjab and Chandigarh markets The increasing adoption of premium bicycles leads to the significant growth of the Indian bicycle market. The entry of luxury automobile companies would work as a propellant in the growth. Very recently, companies like BMW, Mercedes-Benz, Trek, etc have introduced premium bicycles in Punjab and Chandigarh markets. Also Read: Robbery Case: 4 arrested, Rs 30 Lakh recovered by Amritsar Police The luxury company outlets in Chandigarh and Punjab were able to sell one bicycle per month. Those who were already associated with these luxury automobile brands purchase bicycles. Since August, BMW was able to sell five bikes in Chandigarh and Ludhiana. The cost of these bikes:
| Premium brands | Price |
| Mercedes-Benz | Rs 1.48-1.64 lakh |
| BMW | Rs 91,000 |
| Carrera Podium | Rs 2-7 lakh |
| Scott | Rs 1.25 lakh onwards |
| Marin | Rs 1.5 lakh onwards |
| Trek | Rs 1.5 lakh onwards |
