Ahoy Bikes Focuses To Create Aspirational Value

Ahoy Bikes Focuses To Create Aspirational Value

Ahoy Bikes launched an electroluminescent-technology-based bike, which enhances the safety of riders and aspirational value.

The new technology uses an electroluminescent paint-like coating system, which emits light when an electric current is passed through it, increasing the bike’s visibility through many types of atmospheric conditions such as dark fog, snow, and smoke. “In India, one of the major concerns of cyclists is safety, especially when the visibility is low. Second, most people do not find any aspirational value with their bicycles, unlike motorcycles and cars. There are very few people who own a bicycle with pride. The new bicycle will also appeal to young kids and encourage them to take physical activities,” said Abhishek Mitra, Director, Ahoy Bikes.

The company had started working on electroluminescent technology during the lockdown. It had joined hands with the US-based company Lumilor. The main task for the company was to make the electroluminescent-technology affordable for Indian consumers. “We have been working on the technology to get the cost down and bring it in the affordability range. This is the first electroluminescent bicycle, the production model that has been launched on a mass scale project,” Mitra said. A wide range of Luminous bikes will be available at an affordable price range. The prices begin at INR 20,000 onwards.

The company also manufactures all-terrain bikes, mountain bikes, hybrid bikes, kids bikes and balance bikes.

Like other bicycle companies, Ahoy is also experiencing a surge in demand post COVID. According to him, the demand for bicycles has surged between 300 percent to 350 percent post-COVID due to growing health consciousness and adaptation of social distancing and gyms closure.

According to the All-India Cycles Manufacturers Association, the bicycle industry was growing at 5-7 percent every year, but it is now expected to grow at 15-20 percent because of the coronavirus pandemic, led by a surge in first-time users.

As per the industry data, India is the second-largest manufacturer and the third consumer of bicycles globally. India manufacturers 22 million bicycles every year, with an annual turnover of INR 7,000 crore. According to industry numbers, 22 million cycles were sold in 2018-19, and 18 million were sold in 2019-20.

Talking about growing trends from bicyclists, Mitra pointed out that Indian consumers are looking for the product’s right value. “Customers want quality products. They are ready to spend a little bit more where they can find value in the products. We are giving the best of the class quality bikes with the best of class components. We are trying to offer different products in the industry so that customers can feel good about the product,” he said.

Ahoy Bikes would also make customisation options available with this new technology for cyclists willing to customise their existing bicycles.

Indian consumers are also largely influenced by international brands in terms of weight, features and performance. According to him, different bicyclist enthusiasts have other choices, and the company targets the mid-premium segment and consumers who want to upgrade their basic bicycles.

The company also sees itself entering the safety gear segment, but not soon. “Yes, we have plans to get into bicycle safety gear business, but let’s see when we can utilise them,” he added.

Ahoy has around 200 dealers in its network across the country, mainly concentrating in the North and West regions. Ahoy aims to heighten the number of dealers to 350 in FY21-22 with an increasing focus on the south region.

As for its product strategy, Ahoy also intends to attract dealers through its distinctive products instead of ramping up dealer numbers. “We do not want to push our products to the dealers. We are trying to create products that differentiate ourselves in the market and create a pull factor. And the new electroluminescent-technology-based bikes is an example of it,” he said.

Tractions on the e-commerce portal have surged, especially after COVID surge. However, Mitra thinks buying a bicycle online is yet not a convenient mode for consumers. “Buying a bicycle online is easy. But getting it assembled and serviced is a challenge. You get the bicycle’s delivery in a semi-assembled state and, to assemble it, you need to find a professional mechanic for whom you will have to pay. Even the dealer from which you can get the bicycle assembled will not be pleased about your online purchase. Let me say that too. Maybe he will charge you more. So deliberately, we are not getting into e-commerce, but we are trying to get into omnichannel sales. Consumers can visit our website and get to know about the products and buy them from the website or from the nearest dealer. If a consumer buys from the website, we deliver the product through our dealer only in a fully assembled state. That’s how we promote our dealers as well,” explained the Ahoy Director.

Ahoy entered the bicycle manufacturing business in 2018. However, the company has been in the industry for over three decades supplying components from plastic moulded and PVC components to OEMs. The component manufacturing business it shelved in 2016-17 and started a bicycle making factory in Delhi NCR 2018, and the Ahoy brand was launched. The knowledge of the bicycle component business has helped Ahoy to expand its current business rapidly.

“The biggest advantage was for us was a network of OEMs, suppliers and vendors across the country we have built over the years. We had supplied the components to OEMs and dealers, procured raw materials vendors over three decades, and created our credibility. Those three decades in the bicycle component business helped us to understand the industry deeply. Being a component maker, we visited various factories from OEMs, suppliers, and vendors. They shared their knowledge and experience about the business, which would have been impossible if we had been only into bicycle manufacturing. We also understood the pain points of the suppliers, vendors and consumers, and that’s where our products find values,” he said.

Ahoy has no plans to export bicycles in the near future. Electric motor-driven bicycles are gaining popularity in India. He also sees the future as e-mobility but added the company does not have any plans to manufacture e-bicycles. “As of now, we are focusing our energies on building, you know, this particular kind of products which are different for different from what other people are offering,” he said.

The company has a production capacity of producing 20,000 units per month. The current challenge for Ahoy is the supply of components to make bicycles. “Demand for bicycle has gone up exponentially, but the supply chain has gone up haywire. Supply-demand has widened,” he added. (MT)

Norton Manx R

TVS Motor Co-owned British marquee brand Norton Motorcycles has received a Bronze award at the International Design Excellence Awards for its Manx R superbike in the Automotive and Transportation category.

Organised by the Industrial Designers Society of America, the annual awards ceremony took place in Pasadena, California, where Darren McNeill, Head of Marketing at Norton US, collected the honour. Interestingly, Manx R becomes the first production sports motorcycle with an internal combustion engine (ICE) to receive an IDEA award.

Simon Skinner, Head of Design, Norton Motorcycles, said, “The Manx R was created to challenge what a modern superbike can look and feel like. We wanted to move away from visual noise and create something more reductive, more crafted and more connected to the rider. Every surface, exposed component and detail had to earn its place. Winning an IDEA award is a proud moment for the whole Norton team because it recognises the depth of design thinking behind the bike, not just the finished object.”

The Manx R was developed as the primary model under Norton's Resurgence strategy following its acquisition by TVS Motor Company. Chief Creative Advisor Professor Gerry McGovern OBE shaped the design direction, while Simon Skinner led the engineering and styling teams at Norton’s headquarters in Solihull, UK.

Gerry McGovern said, “From the beginning, the ambition for Norton’s Resurgence was to create a design direction that was modern, emotionally engaging and worthy of the brand’s extraordinary heritage. The Manx R proves that motorcycles, like cars, can be objects of desire through proportion, stance, drama and detail. To see that recognised by an international jury of designers is a meaningful endorsement of the direction Norton has taken.”

The motorcycle features a V4 engine, semi-active suspension, Brembo brakes, rider assistance systems and an eight-inch TFT display. The Manx R superbike and the Atlas adventure motorcycle will go on sale in the United States starting in October 2026.

Royal Enfield Launches Classic 350 Gorkha Edition At INR 210,684 In India

Royal Enfield Gurkha Edition

Chennai-headquartered mid-sized motorcycle major Royal Enfield has launched the Classic 350 Gorkha Edition in India, priced at INR 210,684 ex-showroom, New Delhi.

The new variant is finished in a Gorkha Green paint scheme and features insignia displaying crossed Khukris, reflecting design references to the Gorkha Regiment. Mechanical specifications retain the J-series engine and standard frame configuration, while additions include an assist and slipper clutch alongside a Type-C USB charging port.

Yadvinder Singh Guleria, Chief Commercial Officer, Royal Enfield, said, "With the Classic 350 Gorkha Edition, we pay tribute to an extraordinary military legacy defined by fierce bravery, loyalty and absolute honour. Every detail stays true to the timeless character of the Classic 350, while the bespoke Gorkha insignia speak of the values that have defined this regiment for generations. The Gorkha apparel collection extends that tribute beyond the ride, giving our community a way to carry that legacy forward with pride and purpose."

Lieutenant General Sanjeev Chauhan, President, Gorkha Brigade, said, "The strength of the Gorkha Regiment lies not only in its history, but in the values of courage, discipline and honour that have been upheld across generations. It is a privilege to see this legacy acknowledged through the Royal Enfield Classic 350 Gorkha Edition, which pays tribute to the spirit and traditions of the Gorkha soldiers with dignity and respect."

Royal Enfield also introduced an accompanying merchandise line, designated as the Gorkha Collection. The range includes helmets, leather boots, headgear and apparel designed using military-inspired colour options including olive green, crimson, black, and bronze.

Yamaha Launches Refreshed 125cc Fi Hybrid Scooter Range In India

Yamaha 125cc Fi Hybrid Scooter Lineup

India Yamaha Motor has announced updates to its 125cc Fi Hybrid scooter line-up, which introduces new colour schemes, revised body graphics and technology features across the RayZR and Fascino model ranges.

The RayZR 125 Fi Hybrid receives updated paint finishes and graphics. Within the range, the Street Rally variant now incorporates a Colour TFT Instrument Cluster with Turn-by-Turn navigation functionality for smartphone integration.

The Fascino 125 Fi Hybrid also receives colour updates and bodywork revisions. Pricing for the RayZR range starts at INR 79,880 for the Drum brake variant in Metallic Black, moving to INR 87,680 for the Disc variant available in Metallic Black, Dark Matte Blue, and Ice Fluo Vermillion.

The Street Rally variant with an LCD cluster is priced at INR 93,930 in Ice Fluo Vermillion and Matte Black, while the TFT instrument cluster model costs INR 100,440 in Matte Titan and Matte Black.

The Fascino line-up begins at INR 78,980 for the Drum variant in Yellow Cocktail, rising to INR 91,070 for the Disc variant offered in Metallic Light Green, Cool Blue Metallic and Matte Black. The Fascino S variant is priced at INR 99,030 in Metallic Orangish Gray. Both model lines retain Yamaha’s Smart Motor Generator Hybrid Technology, featuring power assist, silent start and automatic engine stop-start systems.

Hardware across the range includes telescopic front suspension, 21-litre under-seat storage compartments, side-stand engine cut-off switches and E20 fuel compatibility. The Fascino S and RayZR Street Rally TFT variants also feature answer-back function capabilities.

Hero MotoCorp Appoints Srihari Mulgund As Chief Strategy Officer

Srihari Mulgund

Hero MotoCorp, the world’s largest manufacturer of scooters and motorcycles, has appointed Srihari Mulgund as its new Chief Strategy Officer, effective 17 August 2026. Following the appointment, Mulgund joins the company's executive leadership team and assumes a senior management role under regulatory listing rules.

He comes with over 24 years of experience across engineering, product development, and strategic planning within the automotive industry, having worked in the United States, Japan, China and India.

Prior to joining Hero MotoCorp, he served as a Partner at EY-Parthenon, where he managed advisory engagements covering electric vehicles, battery technology, internal combustion engines, supply chains and mobility systems.

His career history also includes executive roles at Aisin AW, FEV Inc and Ricardo Strategic Consulting India, where he served as President.

Mulgund holds a bachelor's degree in mechanical engineering from the National Institute of Engineering in Mysore, a master's degree from the University of Toledo, and a Master of Business Administration from the University of Michigan, Ann Arbor.

In his new position, Mulgund will oversee the formulation and execution of corporate growth plans, technological development initiatives and market strategy frameworks across the company's business divisions.