Büchel CEO Was Invited To Participate in The Punjab Economic Summit Of India

Oct 11, 2022

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In the next year, the Punjab Punja next to India will hold the first economic summit to emphasize the economy in the region. Erhard Büchel, CEO of Büchel, was recently accessed by the Senior delegation of Punjab Economic circles and was invited to participate in the summit.

Büchel has been in business in India since 2016 and has achieved great success. Büchel and Indian entrepreneur MANJINDER SINGH signed a joint venture Citizen-Büchel Biketech. Since 2017, production has been carried out in Ludya, the largest city of Punjab.

Since 2014, it has begun to produce anti -light mirrors that meet the ISO standards. Due to the market share of bicycle reflectives exceeding 38%, due to market demand, the output of bicycle rims has also surged. The production facilities are expanding routinely without showing signs of slowing expansion.

Punjab chief minister Baggandanman explained that he also received an invitation to participate, which clearly showed that Punjab Punjab has embarked on a strict path for sustainable growth and prosperity. Punjab has become the preferred destination of India's investment. The new government "determined to work together and adopt a series of innovative measures to strengthen the state's investment ecosystem."

At the invitation of Büchel, Mann said: "We believe that Büchel can play a key role in shaping and progressing. With the unremitting efforts, Punjab became a global brand. "

After receiving the invitation, Erhard Büchel said he was very happy to meet with the chief minister. He thanked the Punjab government for supporting bicycle manufacturing and creating a "investment -friendly ecosystem" in Punjab. Erhard Büchel looks forward to good cooperation and future investment opportunities.

Büchel has been cooperating in China since 1985. At present, due to the new coronary virus policy and part of the geopolitical issues of the new coronary virus, and the problems of economic environment such as supply bottlenecks, the corresponding company business development is slowing. He also said that he has been looking for other places to increase its business. Therefore, in addition to participating in new factories in production bases in Germany, if necessary, India's secondary continent has entered a business partner focusing on potential prosperity.

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