Hero MotoCorp has announced that their sales in FY 2015 have increased by 6.2 per cent. The company sold 66,31,826 units during the financial year 2014-2015 as compared to 62,45,960 units during 2013-2014.
With such huge sales figures, Hero MotoCorp continues to be the number one two-wheeler manufacturer in India. In March, the Gurgaon-based manufacturer sold 5,31,750 units as compared to the 5,24,028 units in the same month last year.
The company recently inaugurated its first autonomous production and development center in Haryana, through its joint venture with Magneti Marelli. The new centre will serve as a production facility and innovation hub to develop new-generation fuelling systems for HMCL two-wheelers. With the commencement of operations at the development centre, HMCL is set to become India’s first two-wheeler manufacturer to have its own EFI Product-line.
"In FY’15, the industry continued to remain sluggish due to the overall market sentiments and the slowing rural economy. Even in such challenging market environment, we managed to buck the trend and registered healthy growth, further consolidating our leadership. The journey from here promises to get better and exciting. Thanks to a series of measures undertaken by the new government at the Centre, the economic outlook is definitely better, and it is likely to fuel growth and help the industry,” said Pawan Munjal, CEO, Hero MotoCorp.
We hope Hero MotoCorp will begin the new financial year with the launch of new products like the Dash scooter and the HX250R and not models with only cosmetic changes.
