Onkar Singh Pahwa, managing director of Avon Cycles, expressed gratitude to the government for awarding him the Padma Shri. He received this honour for 2025. Pahwa remarked that the award recognises not just him but the entire bicycle industry. The government announced these prestigious civilian awards on Saturday, including seven Padma Vibhushan, 19 Padma Bhushan, and 113 Padma Shri awards.

The awards ceremony takes place at Rashtrapati Bhavan, typically in March or April each year. Pahwa shared with reporters that he learned about his award on Saturday night through a colleague's call. He reiterated his appreciation for being selected for this significant recognition.
Avon Cycles' Market Presence
Avon Cycles is a leading name in the bicycle sector, boasting over 2,000 dealers across India. The company also exports its bicycles to 23 countries worldwide. Pahwa highlighted that Avon Cycles has an estimated annual turnover of Rs 1,150 crore, making it one of the top two bicycle manufacturers in India.
Pahwa also serves as the President of the All India Cycle Manufacturers Association. He confidently stated that the future of the bicycle industry looks promising. "Our products are as good as anybody else's," he affirmed when asked about the industry's prospects.
In conclusion, Pahwa's recognition with the Padma Shri underscores the importance of the bicycle industry in India. His leadership at Avon Cycles and within the industry reflects a commitment to quality and growth, both domestically and internationally.
More From GoodReturns

Indane, HP & Bharat Gas Cylinder Booking Rules: OTP Mandatory After LPG Refilling Gap Increased to 25-45 Days

Gold & Silver Rates Today Live: MCX Gold Crashes By Rs 5,645, Silver Falls By Rs 16,540; 24K, 22K, 18K Gold

1:5 Split Soon? Vedanta Ltd To Consider 3rd Interim Dividend On March 23, Share Jumps; Record Date & Buy Call

Mega Gold Price Crash Alert! 24K Sinks Rs 1.36 Lakh/100 Gm In Week; Silver Sees Losses | March 23-27 Outlook

Gold & Silver Rates Today Live Updates: Will 24 Carat, 22 Carat, 18 Carat See Bullish Week Ahead?

Gold Rates In India Crash By Rs 29,400 On March 21 After Spot Gold Hits Weakest Week; 24K, 22K, 18K Gold Price

ATM Rules Changing From April 1, 2026: HDFC Bank, PNB, Bandhan Bank & Others Revise Cash Withdrawal Rules

Huge Crash in Gold Rate in India By Rs 1.43 Lakh in Just 7 Days; Will Gold Price Today Fall Further on 23 Mar?

Sleeper Vande Bharat Express New Routes Identified for Long Distance Travel

1:5 Split Soon: BUY Vedanta Stock Ahead Of 3rd Interim Dividend Announcement On March 23? Target Above Rs 800

Fatal Crash In Gold Rates In India By Rs 1,03,200/100 Gm; Biggest Single-Day Fall In 24K, 22K, 18K Gold Prices



Click it and Unblock the Notifications