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Hero MotoCorp to enter new markets globally

11 Mar 2016 Evaluate

The country’s largest two-wheeler maker Hero MotoCorp is planning to enter new markets globally, including Mexico and Nigeria, as it eyes 1 crore unit sales by 2017-18. The company is also open to inorganic growth if it finds the right opportunity, right kind of partner with the right type of competence abilities.

Hero MotoCorp separated from Honda Motor Company in 2011 and since then has augmented its global presence. Hero MotoCorp has also inaugurated its R&D centre near Jaipur.

Peers
Company Name CMP
Bajaj Auto 11009.00
TVS Motor Company 4083.15
Hero MotoCorp 5385.00
Eicher Motors 7219.00
OLA Electric Mobilit 37.87
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