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Hero MotoCorp to set up assembly plant in Nepal

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