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Top five electric cycle manufacturers in India
Mumbai: In India, electric cycles are becoming a hot trend for city dwellers. The green wave is driven by a perfect storm: rising fuel costs, a growing eco-consciousness, and initiatives that support e-bike adoption. E-bike production is booming, making e-cycles a potential game-changer for India’s transportation sector. Not only is this trend eco-friendly, but it also paves the way for exciting innovation and economic benefits.
Here are the top electric cycle manufacturers in India
DYNEM: DYNEM, India’s leading electric cycle gigafactory, produces over 500,000 e-cycles annually. It offers a wide range of e-bikes suitable for urban and off-road use, along with essential components like high-performance motors, LCD displays, controllers, and batteries. As a comprehensive supplier, DYNEM serves global e-bike companies seeking quality drivetrain solutions. India’s low import duties (0 to 2.5%) for European and American importers provide a competitive advantage, facilitating access to cost-effective manufacturing and legal anti-dumping options.
Hero Lectro: Hero Electro, distinct from its larger sibling Hero Electric which specializes in electric scooters, is a key player in India’s rapidly growing electric cycle market. While Hero Electric focuses on two-wheeled electric vehicles, Hero Electro carves out a niche specifically in electric bicycles, or e-bikes. This targeted approach allows them to cater to the unique needs of urban commuters seeking eco-friendly and efficient transportation solutions.
Tru-Bike: A young and impactful player in India’s e-bike revolution, Tru Bikes, established in 2020, has carved a niche for itself in Ludhiana, Punjab. This manufacturer stands out for its diverse offerings, encompassing adult e-bikes, e-mobility vehicles, and even premium kids’ bicycles. Tru Bikes combines innovation and quality, with a global reach that exports its products beyond Indian borders.
EMotorad: Dhoni-backed Pune’s EMotorad is leading the e-bike charge in India. They focus on affordability and cutting-edge tech for a wide range of riders. Their premium e-bikes cater to both eco-conscious commuters and adventure seekers, making them a key player in India’s sustainable transportation revolution.
NIBE Motors: Nibe Motors, a Maharashtra-based manufacturer, is a prominent name in India’s electric cycle scene. Established in Nashik, they’ve gained recognition and offer a range of e-bikes with features like robust build, ergonomic design, and ARAI (Automotive Research Association of India) approval. Their focus on domestic production positions them as a strong contender in India’s electric transportation revolution.
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Tata Sons board set to approve Chandrasekaran’s third term as chairman: Reports
Chandrasekaran tipped for third term as Tata Group seeks steady hand at the helm
MUMBAI: The Tata Sons board is gearing up for a landmark meeting on February 24, with the spotlight on the re-appointment of N. Chandrasekaran as chairman. According to media reports, the board will consider several proposals, but the star item is Chandrasekaran’s potential third term, signalling continuity at the top of India’s most storied business group.
Chandrasekaran, popularly known as Chandra, has been at the helm of Tata Sons since January 2017. His current tenure concludes in February 2027, and the proposal on the table is for a five-year extension. The proposal comes from Noel Tata, chairman of Tata Trusts, and Venu Srinivasan, vice chairman of Tata Trusts, with board approval required to make it official.
Chandra’s journey with the Tata Group is a remarkable rise through the ranks. He started as an intern at Tata Consultancy Services, rose to chief operating officer in 2007, and became CEO in 2009 at the age of 46. He joined the Tata Sons board in 2016 and has been steering the group’s flagship companies ever since, holding chairmanships at Tata Steel, Tata Motors, Tata Power, Air India, Indian Hotels Company, and TCS itself.
A close aide of the late Ratan Tata, Chandrasekaran is widely seen as a steady hand capable of guiding the conglomerate through change while maintaining its long-standing ethos. Extending his term would reflect the Tata Trusts’ confidence in his strategic vision and the desire for stability at the group’s top echelons.
The board meeting on February 24 is expected to formalise the decision, marking another chapter in the Tata Group’s enduring story of leadership continuity and business ambition.
