The firm additionally plans to make investments USD 1 million to create retail stream in the North-Eastern area and arrange native meeting items to allow quicker/ same-day deliveries, the discharge added.
The funding may even allow native forces to accomplice e-bikes for tourism in the world, it additional added. According to the corporate, its intention is to present job alternatives amongst its retailers in the seven sister states like Arunachal Pradesh, Assam, Meghalaya, Manipur, Mizoram, Nagaland and Tripura.
Sumit Ranjan, co-founder, GoZero Mobility, mentioned “India is one the largest 2-wheeler and bicycle markets in the world and North Eastern India is a strong market for E-Bikes which so far have remained untapped. We see a significant demand for our products in the region; hence we see this is an appropriate time for us to expand in the North East Market. We anticipate selling 15000 units annually with our presence in the North East.”
The firm just lately launched its new initiative “Switch” which has garnered over 2000 enquiries because the shoppers are keen to trade their typical bicycles and change to electrical bikes, it added.
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