Upcoming Hero Bikes: If you plan to buy two-wheelers, you should wait a bit. In fact, Hero MotoCorp is gearing up to launch a record number of new models in the current financial year. The company’s CEO, Niranjan Gupta, said that Hero MotoCorp is working to strengthen its market share, especially in the premium segment. The country’s largest two-wheeler company will launch several new bikes in the current fiscal year. The company will launch the first product under the Hero MotoCorp-Harley Davidson alliance during the financial year.
The company will launch 125 and 160cc bikes
The company is a leader in the budget bike segment (100-110cc) and plans to expand its presence with 125cc engines and launch new models in 160cc and beyond. “We are launching a new product every quarter of the current fiscal year,” Gupta said during an analyst call. We are likely to introduce the largest number of new models in the company’s history this financial year. He said that this year the company is optimistic about growth prospects and is preparing to increase its share in various segments. Gupta said, “We are happy with the financial year and looking forward to our market share and margins. We are launching several products.
Upcoming Hero Bikes: We can see three new bikes every year
A new product is launched every quarter. He said that the company will launch many new models in the premium segment. Gupta said, “Some big products have been launched. They will ensure our market share increases in the premium segment. “He said the company is focusing on premium segment bikes between 150cc and 450cc. The company has already announced the expansion of its Vida electric brand. The company plans to bring Vida to 100 cities in the current calendar year.
Keep watching our YouTube Channel ‘DNP INDIA’. Also, please subscribe and follow us on FACEBOOK, INSTAGRAM, and TWITTER.
