Question : EXPORT OF BICYCLES



(a) whether Indian bicycles are gaining popularity in foreign markets;

(b) if so, the number of bicycles exported during each of the last three years and the current year and foreign exchange earned therefrom, country-wise;

(c) whether any incentives are being given to bicycle industry by the Government to boost their exports and competitiveness; and

(d) if so, the details thereof?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY(SHRI JAIRAM RAMESH)

(a) Yes, Sir.

(b) The details of exports of bicycles (not motorized) for the last 3 years are given below:


(Value in US $ Million) 2005-06 2006-07 2007-08 2008-09 Apr-June Quantity Value Quantity Value Quantity Value Value

800588 24.19 856263 28.4 788846 27.8 6.23

Major destinations of exports were Mozambique, Nepal, UAE, Malawi and Kenya.

(c) & (d) Yes, Sir. Incentives to Bicycle industry are available in various trade promotion schemes under Foreign Trade Policy.