facebook
AD

Hero MotoCorp to enter 50 new markets by 2020

Authors Image

Pratheek Kunder

3,201 Views
Hero MotoCorp to enter 50 new markets by 2020

Hero MotoCorp has set an ambitious plan to make its presence in 50 new markets by 2020. They also plan to have 20 manufacturing facilities across the globe which will help them achieve overall annual turnover of Rs 60,000 crore. As a part of this ambitious plan, the company confirmed to have six assembly lines spread across three continents by next year. 

For the domestic market, the Gurgaon based manufacturer has announced to launch 12 new products by the end of this fiscal year. The company will focus on motorcycles in the 150cc plus segment and will start launching its products from next month onwards to cash on the festive season.

We are expecting Hero MotoCorp will launch most of the 12 products in next year’s Auto Expo in Noida. Being a very big event, it will help them showcase their new products including their in house developed three engines. 

"We will be selling in 50-plus countries by 2020. To top it all, I am talking of an annual turnover of Rs 60,000 crore,"said Pawan Munjal, MD & CEO, Hero MotoCorp.

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 to enter 50 new markets by 2020