facebook
AD

Hero MotoCorp plans to setup manufacturing facility in Bangladesh and Columbia

Authors Image

Pratheek Kunder

3,002 Views
Hero MotoCorp plans to setup manufacturing facility in Bangladesh and Columbia

Hero MotoCorp is planning to setup fully-fledged manufacturing facility in Bangladesh and Columbia- a way with which the company can ease its international operation. Currently, the company sells its two-wheelers through completely-knocked down (CKD) units with the help of its distributors. 

"Hero MotoCorp already has distribution partners in these two countries. The company is looking at expanding operations and setting up fully fledged manufacturing units in Colombia and Bangladesh by the end of the current financial year. There are plans to explore opportunities for assembly facilities in African countries such as Kenya and Nigeria later." said a person known to the development to Business-Standard.

It makes sense setting up manufacturing facility in these markets. Exporting a product to these markets will include additional freight charges and taxes which will be added over and above to the actual product price. So it becomes difficult for the company to price their product competitively, considering the fact that there are already well established competitions there.

Hero Impulse Gallery

  • Hero
  • other brands
Hero Xtreme 125R
Hero Xtreme 125R
₹ 97,683Onwards
Avg. Ex-Showroom price
Show price in my city
Hero Splendor Plus
Hero Splendor Plus
₹ 74,650Onwards
Avg. Ex-Showroom price
Show price in my city
Hero Xtreme 160R
Hero Xtreme 160R
₹ 1,11,111Onwards
Avg. Ex-Showroom price
Show price in my city
AD

Featured Bikes

  • Popular
  • Upcoming
Royal Enfield Hunter 350
Royal Enfield Hunter 350
₹ 1,49,900Onwards
Avg. Ex-Showroom price
Show price in my city
Yamaha MT 15 V2
Yamaha MT 15 V2
₹ 1,69,207Onwards
Avg. Ex-Showroom price
Show price in my city
Royal Enfield Classic 350
Royal Enfield Classic 350
₹ 1,99,499Onwards
Avg. Ex-Showroom price
Show price in my city
KTM 450 SX-F
LAUNCHING SOON
Nov 2024
KTM 450 SX-F

₹ 10,25,000

Onwards
Nov 2024 (Tentative)Expected Launch
Royal Enfield Classic 650
LAUNCHING SOON
Nov 2024
Royal Enfield Classic 650

₹ 3,40,000

Onwards
23rd Nov 2024Expected Launch
Royal Enfield Goan Classic 350
LAUNCHING SOON
Nov 2024
Royal Enfield Goan Classic 350

₹ 2,00,000

Onwards
23rd Nov 2024Expected Launch

Hero Impulse Price in India

CityOn-road Price
Mumbai₹ 82,065
Bangalore₹ 85,792
Delhi₹ 80,647
Pune₹ 87,032
Hyderabad₹ 82,881
Ahmedabad₹ 81,507
Chennai₹ 82,154
Kolkata₹ 83,542
Chandigarh₹ 77,288
AD
  • Home
  • News
  • Hero MotoCorp plans to setup manufacturing facility in Bangladesh and Columbia