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Hero Bikes - Price in India

Author: Shurti Sharma
by Shurti Sharma
Posted: Aug 09, 2018

Hero MotoCorp Ltd., the world's largest two-wheeler manufacturer based in New Delhi, India. The company is one of the top players in the segment and is growing up with best hand-picked motorcycles. It is a well-known bike manufacturer, which is engaged in manufacturing of two-wheelers and its spare parts added with services.

Most of the company products are developed from three manufacturing facilities, where two are based at Gurgaon and Dharuhera in the state of Haryana in northern India. Moreover, the other manufacturing plant is based at Haridwar, which is located in the hill state of Uttrakhand. In recent times, the company reported the highest ever non-festive monthly sales in this April 2014. There is a 14.4 percent rise in its April sales to 5.71 lakh units. Joint Venture and key people of Hero MotoCorp Ltd Additionally, the company had a joint venture with Magneti Marelli in order to manufacture and develop exciting fueling systems. Till date, the Hero Motocorp Ltd has produced a wide range of motorcycles and they include Splendor Plus, super splendour, CD Deluxe, and Passion Pro.

Digging the past, the company has owned an offshore investment subsidiary in the Netherlands and has a wholly owned subsidiary in the United States, which is known as HMCL (NA), Inc. The key peoples of this company include Dr Brijmohan Lall Munjal, the Chairman and Pawan Munjal, the MD and CEO. The latest reports show that the company has a market capitalization of INR 308 billion.

The Hero bike is also planning to launch its first hybrid scooter named as the Leap by the end of this year. It comes with innovative technology and it uses a pack of lithium-ion batteries to power its 8kW electric motor, which is coupled with a PMAC traction motor. So, we expect the company will maintain its position as a sales leader and also seems to have big plans for India.

Market Segment For Hero Bikes

Hero is a pioneer in the bike manufacturing segment. Bikes from Hero are sold through the length and breadth of India through various dealerships. Some of its bikes have gained a lot of attention in the Indian market and this brand is bound to grow more in the coming years.

About the Author

I am a professional writer and love to write about cars, bikes, travel and all.

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Author: Shurti Sharma

Shurti Sharma

Member since: Aug 03, 2018
Published articles: 1

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