We used to buy from various parts (of the world) including China and import high-end bicycles. Now, we are designing them in our German R&D facility. We had a buying plan of Rs 900 crores which will be reduced in a phased manner: Hero Cycles MD Pankaj Munjal

We used to buy from various parts (of the world) including China and import high-end bicycles. Now, we are designing them in our German R&D facility. We had a buying plan of Rs 900 crores which will be reduced in a phased manner: Hero Cycles MD Pankaj Munjal pic.twitter.com/bDA3DeXTHy

— ANI (@ANI) July 5, 2020