Connect with us

India news

Atlas Cycle: 4 million bicycles once a year, closed the country’s largest manufacturer

Published

on

On Wednesday, on the occasion of World Cycle Day, news came that Atlas, the country’s 69-year-old bicycle company, has stopped work in the factory due to financial constraints. This has created a livelihood crisis in front of 450 employees working in the company. The company has been struggling with financial crisis for the last several years.


However, there was a time when the company had a record of making 4 million bicycles annually. Now in the lay-off notice, the manager of the company said that the operators do not have the money to run the factory. There is no money even to buy raw materials. Therefore, the employees have been asked to take off from June 3. In such a situation, today we tell you how the company started and how it made its mark.

  • The company was founded by Janaki Das Kapoor. The first year in 1951, the company set a record of making 12 thousand bicycles.
  • By 1965 it became the largest bicycle manufacturer in the country.
  • The company had the distinction of being one of the top bicycle manufacturing companies in the world by introducing the first racing bicycle in India in 1978.
  • The company was accredited with the ISO 9001-2015 certification from the British Standards Institution.
  • The company offered a wide range of bicycles for all age groups.
Also read- Atlas closed on World Cycle Day: Company sent factory workers home, now problem of livelihood

This is the cycle journey of Atlas (according to the information given on the company website)

  • After its establishment in 1951, it made 12 thousand cycles in its first year.
  • The first lot was exported in 1958.
  • Became the largest bicycle manufacturer in 1965. Also set a record of exports.
  • Introduced a series of people of all ages with the first racing bicycle in 1978.
  • The company has received the Gold Mercury International Award from Italy.
  • The Atlas Group of Industries was reorganized in 2003, headed by Jaydev Kapoor.
  • In 2005 made strategic alliances with many companies abroad.

What is a take-off?
When the company does not have the money for production, then in that case the company only makes their attendance by not retrenchment and not do any extra work. The employee of the company will come to the gate every day to note his attendance and on the basis of the same attendance, the employee will be paid half the salary.
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published.

India news

Improvement in the nature of the police in the Mahad explosion accident | Enhancement of nature…

Published

on

By

Alibag: Three policemen were seriously injured while defusing an improvised explosive device (IED) on March 8 near the Mahad village of Kambale in Mahad taluka. Ashirwad Lagade, a policeman from the bomb squad, was seriously injured in the accident. He has been receiving treatment at the Apollo Hospital in Navi Mumbai for the past two months and his condition is improving, the hospital administration said.

The bomb squad had previously recovered explosives from the Mahad Industrial Police Station. According to him, three Alibag employees had entered Mahad to defuse the explosives. Kamble begins to destroy a stone in Mahad. This time there was a big explosion. Rakesh Doshi, Ramesh Kute and Ashirwad Lagde were injured in the blasts. Ashirwad Lagade’s health was critical. Police rushed him to Apollo Hospital in Navi Mumbai for treatment. He has been undergoing treatment there for the past two months.

The explosion was so intense that he sustained multiple injuries, including many small and large particles to his face, eyes, and abdomen. The cataracts and retina were torn due to the insertion of a large piece of leaf in the left eye. The right arm was broken. There were injuries to sensitive internal organs such as the intestines and liver.

His right ear also hurt and he had several wounds on the side of his abdomen. So Ashirwad had to undergo several surgeries. A team of expert consultants from Apollo Hospitals Navi Mumbai met and started the treatment, which has now received a positive response from Ashirwad. According to the information given by the doctor, 90% of her vision has returned. Other wounds are healing. The hospital administration estimates that it will take about a year for him to fully recover and return to work.

The police administration has decided to bear all the expenses for the treatment of the three comrades injured in the Mahad explosion. In addition to providing assistance under the Police Welfare Scheme, the Raigad Police Force has established a separate fund for treatment that is not covered by the scheme. We are working hard to ensure that Ashirwad receives the best treatment.”

– Dayanand Gawde, Police Inspector, Local Criminal Investigation Department

‘The intestinal ulcers have healed and now Ashirwad can eat regular meals and his digestion is also becoming normal. We are sure that they will be fully fit during the next year. We are monitoring his health.’

– Dr. Shaleen Dubey, surgeon at Apollo Hospital


Continue Reading

India news

Study Group for Kolkewadi Dam Water Discharge Solution Study Group…

Published

on

By

Chiplun: A study group has been created to suggest measures for the release of water from the Kolkewadi dam in the taluka. The group includes nine people, including government officials. A meeting was held on December 15 last year under the chairmanship of Deputy Chief Minister Ajit Pawar on the flood situation in Chiplun and Mahad. During the monsoon, flooding in Chiplun city intensifies due to the inflow of water from the Kolkewadi dam, members of the Chiplun Rescue Committee said at the meeting. Therefore, after studying the facts in this regard, the retired Chief Engineer D. NORTH. Deputy Chief Minister Ajit Pawar has ordered the establishment of a study group under the chairmanship of Modak. The group is headed by Deepak Modak, a retired chief engineer from the Department of Water Resources. Dr. Sharad Joshi, a social worker from Chiplun. Prakash Patankar and Sanjeev Anerao from Agro Turismo, Chiplun.

Executive Engineer of the Koyna Irrigation Department, Nitish Potdar, is the Secretary Member of the group and Executive Engineer of the Ratnagiri Irrigation Department, JM Patil, will be the Coordinating Secretary. Impact of discharge from Koyna Avajal in and around Chiplun town during Mahapura in July last year, as well as consolidation of discharge from Kolkewadi Dam during that period The group is expected to carry out a study on carrying capacity from the river. At the same time, it has been given the responsibility of suggesting standardized procedures for future discharge of water from the Kolkewadi Dam.


Continue Reading

India news

No matter how much water ‘Baramati’ is given, they run away from others; Fadnavis’s…

Published

on

By

Solapur: The Baramati congregations have flooded all the places till today. Once again, they are sharing the waters of Ujjain. No matter how much water is given to these churches, their thirst is not quenched. Their attitude is that we want everything and on our own platter. The rest of Maharashtra should always remember him and show them their place, said Devendra Fadnavis, Leader of the Opposition in the Legislative Assembly without appointing NCP Chairman Sharad Pawar.

The ‘Jagar Shetkaryancha-Akrosh Maharashtracha’ campaign launched by Rayat Kranti leader Sanghatana Sadabhau Khot on the issue of farmers has come to an end in Tembhurni in Solapur district, the NCP stronghold. Fadnavis was speaking at the time. Opposition Leader in the Legislative Council Praveen Darekar along with Madha MP Ranjit Singh Nimbalkar, Former Ministers Harshwardhan Patil, Subhash Deshmukh, Vijay Deshmukh, Gopichand Padalkar, Ram Satpute, Rajendra Raut, Rahul Kul, Samadhan Avtade, Dhairyashil Mohite-Patil were present on the occasion.

Fadnavis strongly criticized the NCP for bringing the water from the Ujani dam to Indapur and Baramati, overcoming opposition from Solapurkars. He said that it has already been decided to supply water from the Ujani dam to the Solapur district and from other drought-prone areas. However, efforts are being made to divert the water from the dam.


Continue Reading

Trending

Copyright © Tmesnowindia.com Latest news headlines from India & around the world. Check out today's news coverage live, The Times of India is an Indian English-language daily newspaper and digital news media owned and managed by The Times Group. It is the third-largest newspaper in India by circulation and largest selling English-language daily in the world. Bennett, Coleman and Company Limited, is an Indian media conglomerate headquartered in Mumbai, Maharashtra. The company remains a family-owned business with Sahu Jain family owning a majority stake in The Times Group.

Times Now India Business Tribune The Business News