Ludhiana, Jul 30 (KNN) In the wake of falling exports of bicycles and cycle parts from India, the Government has initiated a survey on cycle industry of Ludhiana for technological modulation and skill development.

The Ministry of MSME and the Commerce and Industries Ministry are involved in the project. National Manufacturing Competitiveness Programme under the MSME has asked the National Productivity Council (NPC) under the commerce and industry ministry to do the research.

NPC is a national level organization under the Ministry of Commerce and Industry, providing training, consultancy and undertaking research in the area of productivity.

After the survey is conducted, the recommendations will be submitted to the Centre so that it could take measures to deal with the situation the cycle industry was facing, according to a media report.

The main purpose of initiating such a study, according to the media report, was because the local industry was dying a slow death due to the cheap imports from China.

On the other hand, experts believe that the survey could also result in declaring the industry sick that would provide several benefits, including tax incentives, to the industry.
A meeting of the NPC in New Delhi on August 7 is scheduled to discuss the deadline of the survey. (KNN/SD)