Apparently, there's some dispute even among historians who the first inventors of the bicycle were. A French blacksmith named Pierre Michaux is cited by some as the one to add the modern pedal system used by bicycles. While still others credit Pierre Lallement.
As for India, I don't know that either, though Hero Cycle is a popular manufacturer of bicycles. The third below is a link to an article about India's bicycle market in 2008 mentioning some Indian manufacturers, like Hero Cycles.