Proving many wise brains completely wrong, Hero has been marching very strongly in the two-wheeler space. The Indian bike maker also made it to the headlines for its acquisition of EBR and the efforts of bringing it normalcy as to develop world-class products at its Indian facility….
What Maruti Suzuki is to four wheels, Hero MotoCorp is to two! The Indian bred motorcycle company was one of the first to enter the buzzing two wheeler scene. Back in 1984, Hero Cycles of India and Honda Japan entered a joint agreement to make motorcycles for the Indian market. The famous “Fill it, Shut it and Forget it” was not just a gimmicky line for its products to sell instead it showed the confidence and reliability of Hero motorcycles….
The commencement of our operations in Bangladesh is a significant milestone in our strategic global expansion plans. In addition to being our first overseas joint venture, this is also where our first manufacturing plant outside of India will come up. Once operational by the second quarter of Financial Year 2015-16, the plant will have an annual capacity of 150,000 units. We are aiming to have around 20 per cent of market share here in the first year of our operation….