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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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theprint.in
Hero MotoCorp to invest Rs 3,200 cr in 3-5 yrs in Andhra Pradesh on capacity expansion, new global parts centre
New Delhi, Jul 1 (PTI) Two-wheeler market leader Hero MotoCorp will invest Rs 3,200 crore in Andhra Pradesh in the next three to five years to expand its operations in the state,…
