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Hero MotoCorp sees commuter bike demand rebound, plans Rs 3,200 crore expansion
Hero MotoCorp sees a strong revival in commuter motorcycle demand, signaling improved consumption among entry-level buyers. The company is significantly boosting production capacity, investing Rs 3,200 crore in Andhra Pradesh to double output and establish a global parts center. Chairman Pawan Munjal expressed optimism about continued healthy growth in the two-wheeler market, despite global uncertainties, and highlighted progress in premium segment collaborations and electric vehicle development.
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economictimes.indiatimes.com
Hero MotoCorp June dispatches dip 2.3% as domestic sales soften, exports grow
Hero MotoCorp saw a slight dip in June wholesale dispatches, primarily due to weaker domestic sales, though exports surged significantly. While motorcycle sales declined, scooters…
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Hero MotoCorp to invest Rs 3,200 cr in 3-5 years in Andhra Pradesh on capacity expansion, new global parts centre
Hero MotoCorp is set to invest Rs 3,200 crore in Andhra Pradesh over the next three to five years, significantly expanding its operations. This includes a new global parts centre…
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Hero MotoCorp sees commuter bike demand rebound, plans Rs 3,200 crore expansion
Hero MotoCorp sees a strong revival in commuter motorcycle demand, signaling improved consumption among entry-level buyers. The company is significantly boosting production…
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timesofindia.indiatimes.com
Hero Moto to invest 3,200 crore in Andhra Pradesh
NEW DELHI: Hero MotoCorp is set to invest Rs 3,200 crore in Andhra Pradesh over the next three to five years as India's largest two-wheeler maker ramps up manufacturing,…