- Business
- Bombay Cycle & Motor Agency Limited, founded in 1919 and headquartered in Mumbai, operates primarily in the automotive and hospitality sectors as part of the Walchand Group. The company provides sales, service, and repair of motor vehicles including multi-brand motorcycles and cars, with a focus on premium segment vehicles. Key automotive products include brands such as Enfield India Ltd., Vespa, Allwyn Pushpak scooters, Escorts Ltd., Hyundai Motor India Ltd., and Italian cars like Fiat, along with trucks and Meadows Diesel Engines, as well as sales of spare parts and accessories. In addition, Bombay Cycle & Motor Agency operates a hospitality division that manages several Grade-I restaurants in South Mumbai, including CANTO, The Liquid Lounge, and Bellissima. Recent major developments include the acquisition of the remaining 50% stake in Walchand Sun Advanced Composites Pvt Ltd from Sun Aerospace, reflecting a strategic expansion in their composite materials business. The company continues to maintain service centers catering to premium automotive brands, underscoring its dual focus on automotive sales, service, and hospitality. It operates predominantly in India with strong regional roots in the Mumbai area. This diversification across automotive and hospitality sectors, along with the recent acquisition, marks significant strategic moves in the last two years for Bombay Cycle & Motor Agency Limited.