MoneyWorks4Me

Hero MotoCorp commences commercial production at Bangladesh plant

02 Jun 2017 Evaluate

Hero MotoCorp has commenced commercial production in the manufacturing facility at its subsidiary HMCL Niloy Bangladesh. This plant, located at Jessore in Bangladesh, has an installed capacity of 150,000 vehicles per annum.

This is the company’s second manufacturing facility at an overseas location. The company, which has rapidly expanded to 35 countries across Asia, Africa and South and Central America, has its first overseas manufacturing plant at Vila Rica near Cali in Colombia, which became operational in 2015.

Hero MotoCorp is an India-based holding company and a two-wheeler manufacturer. The Company is engaged in the manufacturing and selling of motorized two-wheelers, spare parts and related services.


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
View more..