Abstract:
I. Product and its uses
Spokes, Nipples and Washsrs are one of the
main components of rim assembly of Bicycles,
Auto Cycles, Motor Cycles and Moped Wheel
assembly. These are required for new vehicles
as original equipment as well as for replacement
purposes.
II. Market Potential
The automobile (two wheeler and three
wheeler) and bicycle industry is growing at a
very fast rate. Many new plants have come
up during the last few years for the manufacture
of two wheelers. "The bicycle manufacturers
are also increasing their production every
year. There is also considerable demand for the
replacement market. There is a good scope for
this industry.