Subhechcha Ganguly 
The brand intends to push itself towards more ambitious goals in 2024.One of the biggest bike manufacturers in India, Avon Cycles, has accomplished the incredible accomplishment of hitting its sales goals before the current fiscal year ends.
Avon’s innovative marketing activities and products contributed to its remarkable success in the previous year. The brand intends to push itself towards more ambitious goals in 2024. Industry projections predict that by 2030, the global bicycle market would have grown from $110.38 billion in 2023 to $228.90 billion. These figures indicate that Avon is prepared to increase its efforts and resources in both growing its domestic market share and entering new international markets.
Since more people are leading better lifestyles, cycling is a great way to support them in reaching their health objectives. The market for bicycles will triple in size if this trend continues. In order to address this, Avon has expanded the range of products it offers, launched numerous new projects, and created complex marketing strategies.
