| Pandurang Shinde, Managing Director an IIT Graduate in Machine Design founded the company in 1980. Heading from a Farmers family, He completed his studies and decided to start own business rather than to do a job. |
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| First unit was started in 1980, in MIDC Satara as a small scale unit. |
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| Initially producing on small scale the company became Public Limited Company. A new unit at Patkhal was started in 1985. |
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| In 27 years span maintaining its leadership in Power Transmission Products, company now exports to developed countries. |
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| No wonder why Cyclo is honored with various awards. |
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| Major Awards |
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Awards of CYCLO |
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Best Productivity Award 1985 |
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Best Productivity Award 1986 |
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Best Productivity Award 1987 |
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Dhanukar Award - 1982 |
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Enterprenuership Awards |
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G.S.Parkhe Ward.1981 |
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Invention Promotion Award 1984 |
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