Ludhiana: Infuriated over cheap imports from China that are ruining local cycle industry, having strongest base in the country, cycle manufacturers have demanded that import duty should be increased as every month 1.5 lakh hi- end bicycle is coming from China.
Cycle industry has been raising the issue of goods being sent on under billing from China that are not only causing immense damage to the Ludhiana bicycle and cycle parts manufacturers but have also resulted in huge losses to the central government.
Cycle industry has demanded from the union finance minister that the imports should be checked by putting duty on weight of the products so that there would be no under billing of individual products.
There are at least 4000 cycle and cycle parts manufacturing units in Ludhiana that even supply parts to some of the international companies. This makes cycle industry one of the most important in the country. With some of the world famous brands based in city, the industry generates huge revenue and employment.Cheap imports from China
Cycle manufacturers have been pleading the issue of imports from China that has increased extensively during the past six to seven years. The cycle manufacturers have been demanding from the central government that the import duty from present 30 percent (bicycles) and 20 percent (cycle parts) to 50 percent so that cheap imports from China could be checked. Now, the manufacturers have also forwarded an idea to the central government of checking the weight of cycle parts being imported from China so that under billing could be checked.
Steel regulatory body
Cycle manufacturers in Ludhiana have also been making a demand that a regulatory body for price of steel should be formed so that sudden rise in the price of steel every now and then that directly impacts the cycle industry could be checked. This would also ensure proper planning in manufacturing by the industrialists.
Cycle paths on roads and highways
Cycle industry says that all the government roads and highways should have cycle paths along with them. People in most parts of the country do not use bicycle as a mean of transportation due to non availability of special paths for cycles. Taking bicycle on present roads causes a risk to the cyclist as a result people often avoid bicycles on main roads.
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