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Hero MotoCorp to invest Rs 10,000 crore in R&D

19 Feb 2020 Evaluate

Hero MotoCorp is aiming to create the next generation of mobility solutions over the next 5-7 years that are relevant to customers across the world. To this end, the company has earmarked an investment of Rs 10,000 crore along with its ecosystem, which will be utilized towards research and development of alternative mobility solutions, modern, state-of-the-art, sustainable manufacturing facilities, network expansion, and brand building across the globe.

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 10950.10
TVS Motor Company 4491.00
Hero MotoCorp 5410.00
Eicher Motors 7620.00
OLA Electric Mobilit 33.96
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