There was a time when bicycles were still made in America, and while some high-end models are still produced here, most production of bikes has gone to China. It doesn’t look like bike production will ever return to American shores, but soon the Chinese might be facing competition from India.
Hero Cycles this week signed an agreement with Walmart to supply bicycles to the world’s largest retailer. This could see sales double to 10 million units annually by 2015, and potentially keep the price of lower end bikes reasonable. Hero Cycles currently retail for around $200 a piece. Continue reading Hero Bicycles to Land at Walmart