In a bid to expand its footprint across global markets, Hero MotoCorp is planning to enter three new countries viz, Argentina, Mexico and Nigeria by the end of this year. The company is also eyeing to sell a total of 2.5 lakh units in the international market this fiscal, up 25 per cent, from 2 lakh units in the previous fiscal.
Besides, the company is aiming to increase its production capacity at its Colombian facility to some 4,000 units a month, from 2,500-3,000 units a month currently.
Hero MotoCorp is the world’s single largest two-wheeler motorcycle company. Hero Honda Motors changed its name to Hero MotoCorp following the exit of its erstwhile Japanese promoter, Honda, from the company.
