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Cycling as a sporting activity

CHENNAI: The Managing Director of Tube Investments of India (TI), L. Ramkumar, said TI Cycles of India, a unit of TI, had sold over three million bicycles in 2008-09 and had gained 30 per cent market share.

To improve sales, he said, the company was planning to increase its 101 exclusive branded showrooms to 125 showrooms and the 322 shop-in-shops to 450 by March 2010.

As the company was completing its 60th year of operation, TI Cycles was embarking on campaigns to promote cycling as a major mode of transport among tourists and also cycling as a major sporting activity, said D. Raghuram, President (Bicycles and Fitness), TI Cycles.

On the electric scooter, Mr. Raghuram said the company at present had 60 exclusive outlets in 48 cities across nine States which would be increased to 120 outlets in 12 States by March 2010.

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