'Giant' Bicycles Launched its Flagship Showroom in Mumbai in Collaboration With Element Retail

/ -- Element Retail brings to India, world's largest producer of high quality bikes
(Photo: https://mma.prnewswire.com/media/828482/Aditya_Bafna_Raj_Thackrey_Giant_Bicycle.jpg )
Sharing his thoughts on the new showroom launch, Aditya Bafna, Managing Director, Element Retail Pvt Ltd quoted, "The athleisure and fitness sector in India has gained tremendous popularity in recent years as more and more people have become fitness enthusiasts giving a huge scope for Giant to grow in India. According to 'India Bicycle Market Outlook, 2021', bicycle market size crossed INR 5000 crore mark in 2015. There is a huge demand and great potential for international bikes that are a perfect blend of innovation and technology."

Aditya Bafna further added, "Based on the growth figures, we foresee new opportunities and continuous growth in the Indian retail cycle market. Giant Bicycles offers a wide range of on-road, X-road, off-road and youth cycles, along with LIV, an in-house women oriented brand. Serving as an 'all-under-one-roof' outlet, the brand also offers protective gears, bike gears, service gears, and components to address every biking need. An increase in demand for quality bicycles also caters to the 'Go Green' initiative in the country and could assist in curbing down pollution issues."
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