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TI Cycles Announces
Karun Chandhok as
Brand Ambassador for its Premium Range, ‘Montra’
Montra - India’s
first state-of-the-art carbon frame bicycle from TI Cycles
- New Delhi, October 23rd 2011: TI Cycles
of India, the leading bicycle manufacturer, part of the USD
3.8 billion Murugappa Group, today announced - India’s
leading F1 Racer, Karun Chandhok as their official brand
ambassador for Montra. Faster, lighter and stronger than any
cycle ever created in India, Montra is the first international
standard carbon bike designed and manufactured indigenously.
It was launched in March this year and was designed and
created on par with international performance biking
standards.
Speaking to media persons while
making the announcement, Rajesh Mani, General Manager, TI Cycles of
India said, “We are delighted to have Karun Chandhok as our brand
ambassador for Montra. In an effort to establish an instant connect
between Montra and the Indian masses; Karun Chandhok was the perfect
fit. There is a strong connect between the product and its brand
ambassador, with both being at the forefront of sports and
technology. Karun is one of India’s finest racers and we couldn’t
find a better fit for India’s finest bicycle. Moreover, Karun
himself is an avid cyclist and cycling is part of his rigorous
fitness regime. The Montra brand is very important and close to us
at TI cycles. We are proud to be the first Indian company to design
and manufacture world-class performance bikes and now, carbon framed
bicycles.”
On the occasion of the F1 Grand
Prix, TI Cycles also organized a Montra ride with the participation
of Karun Chandhok. The 40 km ride and gave cycling enthusiasts a
lifetime opportunity to ride with of India’s finest F1 racer on
superior Montra bicycles. The ride was open to all and it also gave
a chance to experience the speed and thrill of test riding the range
of Montra bicycles.
Commenting on the event, Karun
Chandhok said, “TI Cycles has always been at the forefront of
innovation in cycling and I am happy to be associated with them.
Montra is a brand that reflects world class performance bicycles,
made in India. I often ride a bicycle to stay fit and found the
Montra to be a very comfortable ride. The light weight frame
allows for higher speeds and I am glad TI has been able to achieve
this technology marvel. I look forward to a long term partnership
with TI Cycles where we can jointly build the sport in India”
“While F1 as a sport is growing
in India, there is a perceptible rise in cycling enthusiasts, and
TI Cycles is trying to leverage this trend, both from the fitness
perspective and as a sport. A brand ambassador will help build a
closer connect with audiences on the advantages of cycling to stay
fit, youthful and enjoy the outdoors, while keeping it pollution
free”, Mr Mani added.
The new range of Montra bikes
has the following special features
-
Available in 2 variants
currently
-
Montra Techno, a
complete carbon bicycle with 10 speeds. It is a superlight
bike with superior performance on road- costing Rs.71,000
-
Montra Jazz with an
alloy frame with an alu-carbon fork and straight handle
bar, 8 speeds for city roadies- costing Rs.25,800
-
3 more variants are
expected in the next 6 months
-
The Montra Techno frame is
made of T700 Carbon, an advanced composite material (ACM) used
in high performance vehicles such F1 cars, motorbikes and
airplanes. Carbon fibre has 1/4th the density of steel but
offers superior mechanical resistance characteristics in spite
of its light weight.
More details
can be found at www.montra.in
About TI Cycles of India
TI Cycles was established by the
Murugappa Group in the year 1949, in collaboration with Tube
Investments, UK. The first Hercules bicycle rolled out in 1951.
Three more brands were added to the portfolio - Phillips in 1959,
BSA in 1964 and Montra in 2011. TI Cycles has practically created
and perfected every new cycle category in the country. The first MTB,
the first geared bike, the first Shox model, the first girls’
bike, the first kids’ bike, the first light roadster and the first
carbon frame bike were all introduced by TI Cycles. With the
changing retail environment, TI Cycles has introduced BSA Hercules
exclusive stores, which have revolutionised the bicycle outlet in
India.
With a turnover of 1,121 cr and a
year-on-year growth of 18 percent TI Cycles is a market leader in
the ‘specials’ segment of cycles. TI Cycles has the capacity to
manufacture 4 million cycles a year at 3 plants across India -
Chennai in the South, Nasik in the West and Noida in the North.
Standing for the core promise of fun, fitness and freedom, TI Cycles
offers consumers a range of bicycles, e-scooters, fitness equipment
and infant mobility solutions.
Their flagship brand, Montra will be
part of our exclusive premium range under the umbrella brand of
Track and Trail. Track & Trail has over 40 stores in India where
one can find the best cycling brands like Cannondale, Bianchi,
Schwinn, Mongoose, GT apart from Montra. Track and Trail offers not
only bicycles, but also branded apparel, accessories, spares and
services. For more details, visit www.bsahercules.com
and www.trackandtrail.in
About the Murugappa Group
Founded in 1900, the Rs. 17051
Crores (USD 3.8 billion) Murugappa Group is one of India's leading
business conglomerates. The Group has 29 businesses including eight
listed Companies actively traded in NSE & BSE. Headquartered in
Chennai, the major Companies of the Group include Carborundum
Universal Ltd., Cholamandalam Investment and Finance Company Ltd.,
Cholamandalam MS General Insurance Company Ltd., Coromandel
International Ltd., Coromandel Engineering Company Ltd., E.I.D.
Parry (India) Ltd., Parry Agro Industries Ltd., Tube Investments of
India Ltd., and Wendt (India) Ltd.
Market leaders in served segments
including Abrasives, Auto Components, Cycles, Sugar, Farm Inputs,
Fertilizers, Plantations, Construction, Bio-products and
Nutraceuticals, the Group has forged strong joint venture alliances
with leading international companies like Groupe Chimique Tunisien,
Foskor, Cargill, Mitsui Sumitomo, Winterthur Technology Group and
Morgan Crucible. The Group has a wide geographical presence panning
13 states in India and 5 continents.
Renowned brands like BSA, Hercules,
Ballmaster, Ajax, Parry’s, Gromor and Paramfos are from the
Murugappa stable. The organization fosters an environment of
professionalism and has a workforce of over 32,000 employees.
For further details please contact
Diya Kinger
Ogilvy Public Relations Worldwide,Chennai
Mobile : +91 8939623044
Mayouf Rouf
Ogilvy Public Relations Worldwide, Delhi
Mobile : +91 8860410195
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