Leader Cycle's spectacular growth is evident from their vast dealer network spread over 200 cities & their tag as the best-selling bicycle brand on all major e-Commerce platforms.
Many cycling enthusiasts find it a great way to ward off the loneliness and claustrophobia that came with the Covid lockdown, while others are making the most of clean air.
With the US-India trade deal yet to get done, rupee depreciation may be helping to mitigate India’s loss of competitiveness. The other problem is extreme despondence among overseas equity investors.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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