Abstract:
I. Product and its Uses
Cranks are used in chain wheel and crank
set assembly of Bicycle. A set of two cranks
i.e. R.H. and L.H. is required for a chain wheel
set. Cranks are forged pieces made out of mild
steel. Crank forgings are required: by the chain
wheel and crank set manufacturers only. The
new entrepreneurs should consider this point
before takmg up this item for manufactunng.
II. Market Potential
Bicycle industry is growing very fast because
of rising demand from the home as well as export
market. Accordingly, the demand for bicycle
parts has also increased. As the chain
wheel & crank is required as OE and a spare
part, therefore, there is very good market potential
for the crank forgings.
m. Production Targets
It is proposed to manufacture 36,000 pairs
of Crank