The bikes in India will be priced between Rs 26,000 and Rs 3.60 lakhs.
New Delhi, March 16, 2018: One of the world’s leading bicycle manufacturer, Trek Bicycle announced its operations in India with the launch of 34 bicycle models in premium and super premium category. The products will be available across its dealers in Delhi-NCR, Mumbai, Bengaluru, Hyderabad, Chennai and Indore.
The bikes in India will be priced between Rs 26,000 and Rs 3.60 lakhs according to indiatimes.com
The 100 percent subsidiary of its American parent, Trek Bicycle India will also double the network of retail outlets to 26 from the existing 13 outlets by the end of December 2018, said Navneet Banka, country manager Trek Bicycle India.
According to a report by ETRetail indiatimes.com at present the company does not have exclusive retail outlets in the country but hopes to roll them out soon. “We are in advanced stages of talk with some partners to open our exclusive retail outlets in the country,” said Banka.
The company will also sell wide range of cycling parts, accessories, merchandise and riding gear under the brand name Bontrager in India.
The report further adds that indiatimes.com The bicycle company which initially started its operations in India in 2006 along with a local partner, claims to have 27000 loyal customers here.
The company was founded in 1976 in Wisconsin, USA and the products are available in more than 100 countries.