One of the country's oldest, Atlas Cycles shuts operation on world bicycle day
Shortpedia
Content Team
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After years of losses that were amplified during the coronavirus-induced lockdown, Atlas Cycles, one of country’s oldest bike-maker, shut its operations on Wednesday. The company’s decision to wind up its last working unit in Sahibabad (Ghaziabad) came on the World Bicycle Day. The iconic cycle company was into manufacturing business since 1951. The Sahibabad unit has the capacity to manufacture more than 4 million cycles per annum.
