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Hero Cycles inaugurates Colombo manufacturing plant

Published

8 years ago

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heroColombo:Bicycle manufacturer Hero Cycles on Wednesday formally inaugurated its newly acquired strategic manufacturing facility in Sri Lanka.

Hero Cycles had recently acquired majority stake in BSH Ventures — an export oriented bicycle manufacturer in Sri Lanka — with the aim to boost the company’s production capacity.

Further, the bicycle maker plans to develop its Sri Lanka based facility as the manufacturing base for its high-end exports to the European market.

Besides, the company also unveiled its new brand Hero Sprint Pro, expanding its fitness and lifestyle segment with 21 new products in the category that directly appeal to active youth and fitness enthusiasts.

The manufacturing plant at BSH Ventures will be the manufacturing base for Hero Sprint Pro line of products, the company stated.

“We are very pleased to start a new manufacturing base in Sri Lanka as we work to expand our presence globally,” said Pankaj Munjal, chairman and managing director, Hero Cycles.

“This has been a major strategic acquisition for us and we are working on increasing the plant manufacturing capacity to a million units per annum by 2019. A bulk of the production of our newly launched premium brand Hero Sprint Pro will also come from this plant.”

The company said that BSH Ventures is Hero’s third major acquisition after UK-based Avocet Sports and FireFox Bikes in India.

“We plan to actively develop this facility as a key hub for manufacturing our premium bicycles to meet the global demand, double up exports to Avocet and simultaneously feed the ever-growing demand for premium bicycles to the South Indian market, given its geographical proximity to Sri Lanka,” Munjal added.

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Apple is giving a huge discount on its gadgets: Details inside

Published

2 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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