In a bid to boost pan-India sales, two-wheeler major Hero MotoCorp is planning to expand its presence in Telangana and Andhra Pradesh (AP), which had been moderate so far this fiscal. Both Telangana and Andhra Pradesh are very big and important markets for the company and it is currently commanding over 50 per cent market share in two-wheeler sales in the region.
Recently, the company launched has two new motorcycles - the new Hero Xtreme Sports and new Hero Passion PRO. Xtreme Sports priced at Rs 71,729 and Passion PRO at Rs 49,450 ex-showroom Hyderabad.
Hero MotoCorp is the World’s single largest two-wheeler motorcycle company. Honda Motor Company of Japan and the Hero Group entered a joint venture to setup Hero Honda Motors in 1984. Hero Honda Motors changed its name to Hero MotoCorp following the exit of its erstwhile Japanese promoter, Honda, from the company.
