Hero MotoCorp is eying to increase its market share in the scooter segment to 20% with the help of its newly launched scooter ’Duet’. The company has a market share of 14 per cent in the segment, with 100cc Pleasure and 110cc Maestro, which are consistently among the top three best selling scooters in India.
Currently, the company’s scooter capacity is 1.3 million units per year, with production of more than 6.5 lakh scooters.
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.
