Which of the following is correct about the bicycle industry of Punjab?
1. Atlas and Hero Cycle have their manufactning unit.
2. Ludhiana became the world's largest producer.
3. Cycle part industries are located in Ludhiana.

Solution (By Examveda Team)

Punjab is the second largest manufacturer of bicycles and bicycle parts in the world. The first indigenously owned bicycle manufacturing unit, Atlas Cycles was established in Sonipat, in 1951 under the SSI sector in undivided Punjab. Hero Cycle Ltd. commenced production of complete bicycles in 1956, as a SSI unit in Ludhiana and became the world's largest producer of bicycles in 1989. It was also entered in the Guinness Book of World Records. Mainly, the cycle parts industries are located in Ludhiana.