Hero MotoCorp is planning to increase prices of its motorcycles and scooters by up to Rs 2,500 from next month in order to partially offset the impact of increase in commodity costs. The company will make an upward revision in the ex-showroom prices of its motorcycles and scooters, with effect from April 1, 2021. The price hike has been necessitated to partially offset the impact of increased commodity costs. The company has accelerated its cost-savings programme to ensure minimal impact on the customer.
Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.
