Rabindra Dhungel, 26 september 2020. Demand for bicycles is increasing in the market due to lockdown and ban. Demand for bicycles has increased in the market as the government’s lockdown and ban has been relaxed. Also, due to the increasing demand for bicycles, there is a shortage of bicycles in the market, said the bicycle dealers.
Different types of bicycles of different companies are available in the market. However, they say that the highest price of Rs 20,000 to Rs 50,000 is consumed in the Nepali market.
Lately, we have seen many people riding bicycles on the road due to compulsion or desire. Some people have a desire to ride a bicycle while some people also have a desire to ride a bicycle for the sake of health.
Also, since some people have a ‘hobby’ of cycling, even young and old have started showing interest in cycling.
Trade grew by 50 percent
Entrepreneurs say that 50 percent more bicycles have been traded in the market than in the past due to lockdown and ban.
Rakesh Shahi, manager of RK Bicycle Store, said that the demand for bicycles has increased with the release of lockdown and ban.
“Bicycles are being traded by 50 per cent as the ban on locks and bans has been lifted,” he said.
He understands that the consumption of bicycles is also due to the forceful system implemented by the government.
“We used to look for more than 20,000 bicycles but now we are buying around 10,000 to 20,000 bicycles,” he said.
Entrepreneurs say that there is a shortage in the market as the demand for bicycles has increased. He complains that the import of bicycles is less when the market consumes bicycles.
He also said that trade has increased by 30 percent compared to the past. He said that he saw more attraction in bicycles worth more than Rs 30,000 in his store during the time of lockdown and ban.
Before the lockdown, the bicycle trade was low. According to Balkishore Chaudhary, the manager of Balkishore Chaudhary Bicycle Store, the business has skyrocketed after the opening of Lakdaun after two months.
“There is a shortage of bicycles in the market,” he said.
In the past, only people going for mountain trekking used to buy expensive bicycles, but now even ordinary people are buying bicycles, he said.