Hero MotoCorp to set up assembly plant in Nepal

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

23 Jan 2024 Evaluate

Hero MotoCorp has planned to set up a facility for assembling products in Nepal in partnership with CG Motors, its newly appointed distributor in the country. The facility will be located in Nawalpur district and have a capacity of 75,000 units per annum. Operations will begin in March 2024. The company plans to strengthen its operations across the country further and introduce a slew of new products that will excite the market.

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

Peers

Company Name	CMP
Bajaj Auto	11063.00
TVS Motor Company	4088.90
Hero MotoCorp	5372.00
Eicher Motors	7259.00
OLA Electric Mobilit	38.15
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