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Hero MotoCorp to commence operations in Mexico

28 Jan 2021 Evaluate

Hero MotoCorp is planning to soon commence its operations in Mexico, in line with its global expansion strategy. The company, which recently surpassed 100 million units in cumulative production, has entered into a distribution agreement with Grupo Salinas, a group of dynamic, fast-growing and technologically advanced companies focused on creating economic, social and environmental value founded by Mexican entrepreneur Ricardo Salinas.

Following the agreement, the two Companies have come together to form one of the largest distribution networks globally to sell competitive, high-quality products in the large Mexican mark.

Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.

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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