Hero MotoCorp sets up first R&D center in Germany

Hero MotoCorp Ltd. | Automobile Two & Three Wheelers | Automobiles | BSE: 500182 | NSE: HEROMOTOCO

31 Jan 2019 Evaluate

Hero MotoCorp has set-up its first Research and Development (R&D) center at a global location - the Hero Tech Center Germany GmbH. A wholly-owned subsidiary of Hero MotoCorp - the new Center of technology - located at Stephanskirchen near Munich in Germany - will operate in tandem with Hero’s Global R&D hub, the Center of Innovation and Technology (CIT) in Jaipur, in the northern Indian state of Rajasthan.

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
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