Hero MotoCorp, India’s largest two-wheeler maker is planning to launch over 15 new products by March next year. The offerings include a revitalized version of its high-end bike Karizma. A majority of the new offerings will hit the market in the October-December quarter of FY14 as the company is focusing to cash in on the festive season in India. The company is bullish about sales prospects in India in the months ahead.
Further, the company is been working aggressively to develop its own technology, besides embarking on an international expansion spree, since the group parted ways with Honda in 2010. In this regard, the company acquired 49.2 per cent stake in EBR for $25 million in July, after entering into a technology sourcing pact last year.
