VELOCE
HISTORY
Meghna Corporation is one of the largest conglomerates in Bangladesh. In 1975, Abdul Khaleque Bhuiyan started a spoke factory in Dhaka, which was later expanded by Mr. Mizanur Rahman Bhuiyan, the current Chairman of the company, into the largest bicycle producing company in Bangladesh. Now it has diversified its business from bicycle and components manufacturing to tyre manufacturing, luxury retail, automotive, garments and garments related accessories.
BICYCLE
MANUFACTURING
Meghna currently operates four state of the art bicycle factories with modern technologies and extremely skilled workforce which is meghna’s biggest strength. Meghna currently produces over 600,000 bikes per year, and the number is expected to reach 1,000,000 annually by 2022. Most of this production is dedicated to well known brands in the European market.
Veloce is the very first premium bicycle brand manufactured in Bangladesh. The brand is owned by Meghna, the number 1 premium bike manufacturer in South Asia. Veloce started its journey back in 2014 to provide affordable premium bikes for cycling enthusiasts, while maintaining all European ISO standards that Meghna learnt from the experiences in exporting bikes to Europe. The brand started small, with selling only few hundred units per month back in 2014.
Currently, Veloce is the most well known bicycle brand in Bangladesh, and one of the few bicycle brands catering to the premium bicycle segment in Bangladesh with over 80% market share. Veloce has reached the global market starting with India in 2020, currently expanding distribution networks in India and surrounding countries in the region.
A premium bicycle component brand manufactured by Meghna. It is the perfect mixture of innovation, technology and design to provide superior quality, and durability.
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