PANKAJ MUNJAL CMD HERO CYCLES CANCELS 300 CRORE TRADE TIES WITH CHINA.

Hero Cycles’ CMD Pankaj Munjal announced cancellation of upcoming “trade ties worth Rs 900 crore with China. He said, “Once Cycle Valley at Dhanansu village of Ludhiana comes up,we can easily compete with China. If India can make the latest computers, why can’t we make hi-tech bicycles.

It is the beginning of new era of self reliant he said.