PART-I Innovation from Punjab.pdf - National Innovation Foundation

PART I : INNOVATIONS FROM PUNJAB07Low cost electric bikeAnnoyed by fuel guzzling, pollution creating motor bikes, Ranjit Singh wanted to providean environment friendly bike within an affordable price range. He developed an electricbike successfully in 2003 at a cost of Rs. 6000/-. After scrupulous research anddevelopment he could develop a two seater electric bike in 2005; which costs Rs. 9000/- and which can run 40 km after a full charge.When many international and large companies are introducing much costlier bike ofthis kind, should not state help such small scale producers in getting testing done andcommercialise the technology. NIF will join such efforts.Ranjit Singh JagdevHoshiarpurPUNJAB INNOVATES 19