Hero MotoCorp

2021 Hero Splendor
Hero MotoCorp undertakes price revision for its MY21 vehicles starting January 1, 2021

A fortnight earlier, Hero MotoCorp announced a pice hike effective from the start of 2021. New year, MY21 two wheelers, new price. The price mitigation tool has become a norm of sorts, and most manufacturers revise product price lists in a new year.
At the time the announcement was made, Hero MotoCorp said its had accelerated its savings programme under Leap-2 umbrella. This in turn mitigates impact, reduces customer burden, and protect company margins. To partially offset impact of commodity costs, product price increase is in the range of 1,500 bucks since January 1, 2021.
MY21 vehicles bring with them no updates or revisions except that year of manufacturing has changed. Xtreme 160R double disc brake variant now costs RS 1,06,950 up from Rs 1,05,050. Disc brake variant is available at a price of Rs 1,03,900, up from Rs 1.02L. Hero Xtreme is pricier by 1,500 bucks at Rs 1,17,214, up from Rs 1,15,714. Xpulse price is revised from Rs 1,13,730 to Rs 1,15,230 at a hike of Rs 1,500. Xpulse 200T BS6 model is currently unavailable.
2021 Hero MotoCorp motorcycle prices
Hero Splendor+ Black Accent edition was introduced in 4 colour variants as recently as October 2020. At the time, it was listed at Rs 64,470. The self start, drum brake variant is now listed at Rs 65,295. Three months earlier, Splendor+ Self Start i3S retailed for Rs 64,470 ex-sh Delhi. It too now costs Rs 65,295. Splendor+ kickstart with drum brake was priced at Rs 60,960. It now costs Rs 61,785 at a price increase of 825 bucks. Splendor+ Self start price is revised from Rs 63,470 to Rs 64,085 at an increase of Rs 615.
Hero MotoCorp Motorcycle Price List Jan 2021 – Ex-sh, Delhi
Splendor iSmart Drum brake variant is now listed at Rs 66,500, and disc brake variant at Rs 68,700. Up from Rs 65,950 and Rs 68,150, at a price revision of 550 bucks for both variants. As recent as November 2020, Hero Passion Pro prices were revised to Rs 66,500 for the drum and Rs 68,700 for the disc, ex-Delhi. They are now further revised at Rs 66,900, and Rs 69,100. Price increase is at 400 bucks for both variants. Super Splendor Drum, self start variant price us revised from Rs 69,450 to Rs 69,900. Disc, self start variant price is revised from Rs 72,950 to Rs 73,400. Price revision is at 450 bucks for both variants.
Glamour drum brake variant take entry price point upto Rs 71,900 from 71k. The disc brake variant now costs Rs 75,400, up from Rs 74,500. The more recently launched Glamour Blaze was introduced in October at a price of Rs 72,200. The Blaze drum variant now costs Rs 73,100, and the disc brake variant Rs 76,600. All Glamour variants are now costlier by 900 bucks.
Hero MotoCorp
Jan-21
Ex-sh

Motorcycles
New Price
Old Price
Diff
Xtreme 160R Drum
1,03,900
1,02,000
1,900
Xtreme 160R Disc
1,06,950
1,05,050
1,900
Xpulse 200
1,15,230
1,13,730
1,500
Glamour Drum
71,900
71,000
900
Glamour Disc
75,400
74,500
900
Glamour Blaze Drum
73,100
72,200
900
Glamour Blaze Disc
76,600
NA
–
Splendor iSmart Drum
66,500
65,950
550
Splendor iSmart Disc
68,700
68,150
550
Passion Pro Drum
67,400
66,500
900
Passion Pro Disc
69,600
68,700
900
Splendor Plus Kick Start
61,785
60,960
825
Splendor Plus Self Start
64,085
63,260
825
Splendor Plus i3S
65,295
64,470
825
Splendor Plus Black Accent
65,295
64,470
825
HF Deluxe Spoke Wheel
50,200
48,950
1,250
HF Deluxe Kick Start
51,200
49,950
1,250
HF Deluxe Self Start
59,900
58,600
1,300
HF Deluxe Self Start i3S
61,225
59,800
1,425
HF Deluxe Self Start i3S Black
60,225
NA
–
Super Splendor Drum
69,900
69,450
450
Super Splendor Disc
73,400
72,950
450
Scooters

Destini 125 Drum
66,960
66,310
650
Destini 125 Disc
70,450
69,700
750
Maestro 125 Drum
69,250
69,250
0
Maestro 125 Disc
71,450
71,450
0
Maestro 125 Stealth
72,950
72,950
0
Maestro 110 VX
61,950
61,450
500
Maestro 110 ZX
63,450
62,950
500
Pleasure Plus LX
57,300
56,800
500
Pleasure Plus VX
59,950
58,950
1,000
Pleasure Plus ZX Platinum
61,950
60,950
1,000
In October 2020, HF Deluxe variants were priced as follows. Drum, kick start/spoke wheel at Rs 48,950; Drum kick start at Rs 49,950; Drum self start at Rs 58,475; Drum, self start at Rs 58,600; and Drum, self start i3s at Rs 59,800. Variant prices for MY21 bikes are revised at Rs 50,200, Rs 51,200, Rs 59,900, Rs 60,025, and Rs 61,225. Price revision across the HF Deluxe lineup ranges from Rs 1,250 to Rs 1,425.
2021 Hero MotorCorp scooter prices
As with motorcycles, scooter prices are up too. Destini 125 drum brake price is revised to Rs 66,960 from Rs 66,310, and disc brake variant is up at Rs 70,450 from Rs 69,700. Price hike is at 650 bucks, and 750 bucks, respectively.
Hero MotoCorp Scooter Price List Jan 2021 – Ex-sh, Delhi
Maestro Edge 110 Drum brake with alloy wheel, and alloy wheel FI ZX are both costlier by 500 bucks at Rs 61,950, and Rs 63,450, respectively. Maestro Edge 125cc Self Start Drum Brake Alloy Wheel – Fi variant is now available for Rs 69,250; Self Start Disc Brake Alloy Wheel – Fi variant for Rs ` 71,450; and Stealth – Self Start Disc Brake Alloy Wheel – Fi variant for Rs 72,950.
Pleasure Plus Drum brake, sheet metal wheel variant Price is revised from Rs 56,800 to Rs 57,300. And Drum brake, alloy wheel variant from Rs 58,950 to Rs 59,950. That’s a price revision of Rs 500, and Rs 1,000, respectively. 2021 Pleasure Platinum (ZX) self start, drum brae with alloy wheel variant is listed at a price of Rs 61,950. More

New Hero Splendor
December 2020 domestic sales and exports in the green for Hero Motocorp

No doubt, 2020 has presented challenges that the world hadn’t expected. In the face of such adverse conditions, two wheeler sales in recent weeks and months have stepped on a growth pedestal.
Hero MotoCorp sold 4,47,335 units in December 2020 at 5.29 percent growth from 4,24,845 units in Dec 19. Total YTD FY21 sales was reported at 42,23,225 units, down 16.79 percent from 50,75,208 units sold in the same 9 months in 2019 at percent decline.
December sales volumes indicate improved consumer sentiment. The company is upbeat about the positive trend, and expects it to continue in 2021 in the face of the ongoing Covid-19 pandemic. The manufacturer relies on its wide range of tech savvy products to support strong growth impetus in 2021.
Hero MotoCorp YTD FY21 domestic sales and exports
Of December sales, motorcycles accounted for 4,15,099, up 2.84 percent from 4,03,625 units. YTD FY21 motorcycle numbers are reported at 38,96,089 units, down 17.29 percent from 47,10,766 units. Unchallenged and all-encompassing demand for the Splendor commuter variants makes Hero MotoCorp untouchable. The lead gained makes it difficult for any other manufacturer to catch-up.
Hero MotoCorp Sales Dec 2020 – YoY vs MoM
Though demand for Hero Motorcycles is unprecedented, its scooters don’t enjoy the same fandom. Scooter sales did grow to 32,236 units from 21,220 units at 51.91 percent growth. YTD FY21 scooter sales is at a decent 3,27,136 units, at 10.24 percent decline from 3,64,442 units in YTD FY20. The deficit is one Hero Motocorp should be able to overcome by the end of the ongoing fiscal. However, deficit in motorcycle sales is another story.
The majority of vehicles sold by Hero MotoCorp is in the domestic market. Domestic sales in December 2020 was reported at 4,25,033 units, up 3.16 percent from 4,12,009 units sold a year earlier. YTD FY21 domestic sales was reported at 41,03,381 units, down 17.04 percent from 49,46,508 units. Last month, exports accounted for 22,302 units, up 71.64 percent from 12,836 units dispatched overseas a year earlier. YTD FY21 exports stands at 1,19,844, down 6.88 percent from 1,28,700 units exported in the same 9 months in 2019.
Build of to Q3 FY21
Demand for two-wheelers hasn’t just been backed by deferred demand being met. It gets a further boost because more people have felt the need to consider a two wheeler purchase as a safe commuter option that enables them to maintain physical distancing. As FY21 commenced, the stakes were high. A period of inactivity stretched on for weeks before sales and manufacturing resumed.
Albeit in a phased manner, starting up allowed folks to sort supply chains and logistics, and prep for the next big challenge. Timely dispatches of pent-up demand. By the time to festive season was upon us, Hero MotoCorps order books were bursting at the seams. Resultantly, the manufacturer has been able to post its best ever third quarter. A feat that gains even more prominence considering its 2020, and anything could have happened.
Q3 FY21 (October-December period) wholesale dispatches was reported at 18.45 lakh units. That’s an impressive growth of 19.7 percent over the corresponding quarter in the previous fiscal (FY ’20). At the time, Hero has reported sales at 15.41 lakh units. More

Image – Mulraj Hero
Hero MotoCorp domestic dispatches and exports were both reported at YoY growth for November 2020

Hero MotoCorp’s claim to fame is the mass market commuter Splendor motorcycle. It’s the fulcrum around which the majority of the manufacturer’s business depends on. The motorcycle isn’t only a top seller for the company. But one that dominates the entire two-wheeler industry.
In November 2020, Splendor wholesales was reported at 1,97,899 units. That’s 8.88 percent YoY growth at volume gain of 16,142 units, up from 1,81,757 units. It captured 34.36 percent share of all Hero MotorCorp dispatches for the month.
Of course, Splendor’s splendid performance doesn’t end there. Over time, Splendor range was expanded to include the Plus and iSmart variant. There’s also a Black and accent edition. A comprehensive range gives Hero a convincing lead in the 100cc and 110cc segments. This also means, cumulative Splendor sales are even higher.
Addition of a further 50,499 units took total Splendor dispatches closer to 2.5 lakh units last month. HF Deluxe was a close second at 31.15 percent share. Dispatch grew 12.46 percent, up 19,882 units at 1,79,426 units from 1,59,544 units. In fact, both motorcycles accounted for just 75 percent of all domestic dispatches.
Hero MotoCorp Domestic Sales Nov 2020
Hero scooters and higher displacement bikes
The remainder of Hero’s portfolio is unable to replicate quite the same success. Hero Passion accounted for just under 10 percent share at 36.04 percent growth. Wholesales grew to 53,768 units from 39,525 units at volume gain of 14,243 units. Glamour sales fell. At 8.21 percent YoY decline, dispatches contracted to 39,899 units from 43,470 units. Though the company sells motorcycles by the dozen, so far, it’s been unable to replicate the same success with scooters.
Pleasure scooter sales grew at 6.67 percent, up at 19,707 units from 18,474 units. Destini 125 sales growth was robust at 100 percent. Sales doubled at 15,515 units from 7,744 units. Maestro sales grew to 12,412 units, up from 7,143 units. Hero finds even fewer takers for its higher displacement bikes. Xtreme 160R, a fairly new launch saw 5,460 units dispatched. XPulse 200 performance crumbled. Wholesales contracted to 1,372 units from 2,936 units.
Hero MotoCorp Exports Nov 2020
Hero MotoCorp exports in November 2020
And while Hero MotoCorp exercises complete dominance in the domestic front, its exports were at a bare minimal. Those numbers were as low as 16,801 in totality. Compare this with domestic wholesales of 5,75,957 units. At home, the company reported 13.80 percent YoY growth, up from 5,06,094 units.
In the export front, Splendor again topped the list with total 4,764 units exported. Both Splendor variant exports were similar at 2,454 units, and 2,310 units. HF Deluxe followed with 2,782 units. That of course was on the back of healthy growth at just under 50 percent, up from 1,872 units. Hunk exports stood at 2,549 units. Another product not on sale here. Xpulse 200 exports were reported at 1,434 units. In fact, that’s more than what was sold in India last month.
Achiever exports grew to 1,266 units. Duet was just shy of 1.1k units. Both from the Xtreme range, 200, and 150 saw numbers reported at 980, and 827, respectively. Currently, both bikes are not available for domestic sales – replaced by Xtreme 160R. While all the above products reported growth, Maestro exports fell. At 26.84 percent decline, sales fell to just under 500 units. Precisely, 496. Numbers reported for Destini 125 are on the same spectrum at 432 units. Last on the list with lowest export units were reserved for Hero Glamour. The glamour it enjoys in the domestic market is clearly lost overseas. Numbers were as low as 179 units.
December deals and discounts from Hero
In keeping the momentum going at the fag end of 2020, dealers have introduced a wide range of discounts. December deals are a great encouragement for potential customers. Especially since the preceding festive season saw most buyers schedule purchases then. And in the hope the Q4 ends positively, December proves to be a decent month for deals and discounts.
This makes sense as it’s an ideal way of ensuring MY20 stock is dispatched before the year ends. From the customer’s perspective, year end purchases prove to be a saving given the price hikes initiated in the new year when new model year vehicles are sold. This despite the fact that only the model year changes. One doesn’t expect any changes to the vehicle being sold. More

Hero Xtreme 160R
For those looking to buy a bike from Hero MotoCorp, there’s an offer on Xtreme 200S, Xtreme 160R, Xpulse 200

Aiming to boost sales, Hero MotoCorp has launched a special offer worth Rs 4k on its fully faired Xtreme 200S motorcycle, Xtreme 160R, and Xpulse 200. As may be recalled, Xtreme 200S was launched in its BS6 avatar in November at Rs 1.16 lakh (ex-showroom, Delhi). The original variant made its debut last year and at that time, it was priced at Rs 98,500.
Xtreme 200S, Xtreme 160R, Xpulse 200 exchange / loyalty benefit
Customers buying Hero Xtreme 200S and 160R, and Xpulse 200 can save up to Rs 4k with this new offer. It is applicable for both new customers as well as existing users of a Hero motorcycle. Hero Xtreme 200S is already a competitively priced motorcycle and with the 4k offer, it has become even more attractive to potential buyers. Its primary rival is Bajaj Pulsar RS 200, which is available at a starting price of Rs 1.52 lakh.
In its price range, Hero Xtreme 200S also competes with TVS Apache RTR 200 4V that is available at a starting price of Rs 1.25 lakh. Another contender is Honda Hornet 2.0, which is available at a starting price of Rs 1.26 lakh. It was launched earlier this year in August.
Cash discount and loyalty bonus for December 2020
Current deals include Rs 2,100 cash discount on Hero Glamour. One can also choose from a loyalty and exchange bonus of Rs 2,100 on Hero Destini 125, Maestro 125, Maestro 110 Passion Pro and Super Splendor. With Hero MotoCorp offering a wide range of two wheelers, offers have been especially curated for a number of its motorcycles and scooters so a wide group of buyers can benefit.
Hero discounts Dec 2020
What’s new in Hero Xtreme 200S BS6
BS6 Hero Xtreme 200S is priced around Rs 17k more than the BS4 model. One key reason for this price hike is the new oil-cooled engine. The earlier BS4 engine was an air-cooled unit. The new 4-stroke, single cylinder OHC engine is capable of delivering 18 hp of max power at 8500 rpm and 16.45 Nm of max torque at 6500 rpm. It is mated to a 5-speed constant mesh gearbox and equipped with multi-plate, wet type clutch assembly.
The engine is powered by xSens tech that comprises a total of 14 sensors. These work together to ensure optimal power and performance as per riding conditions. The engine is also equipped with a cooling feature that reduces engine heating and prolongs its life.
Xtreme 200S utilizes a diamond type frame integrated with telescopic front forks and rectangular swingarm with mono shock suspension at the rear. Both front and rear wheels have disc brakes integrated with ABS.
Although the bike retains its core design, it gets some new features such as twin LED headlamps. It has sleek, aerodynamic fairing, fully digital instrument console and sporty exhaust. Colour options include Sports Red, Panther Black and Pearl Silver White.
A first-in-category feature is smartphone connectivity and turn-by-turn navigation. Once connected with the user’s smartphone and after entering the destination details, the navigation directions are displayed on the instrument console. Users also get alerts for incoming calls. More

Image – Mulraj Hero
Hero MotoCorp announces price revision across its product range of MY21 motorcycles and scooters

2020 bore witness to an unprecedentedly difficult business year owing to national lockdown relay to Covid-19 pandemic. As the year comes to a close, auto manufacturers have had important takeaways. Most managed to report an uptick in retail sales for the recently concluded festive season.
The two-wheeler industry has done well in recent weeks. Of them, Hero MotoCorp remains the industry giant with a lead that’s unthreatened. And despite difficult circumstances, it all came together for Hero MotoCorp. In October, the company reported retail sales at over 8 lakh units.
As 2021 approaches, one can expect all auto manufacturers to announce a range of price revisions across product portfolios. Hero MotoCorp attributes this to a steady rise in commodity costs across the spectrum, including steel, aluminium, plastics, and precious metals.
New Prices wef Jan 01, 2021
The manufacturer has accelerated its savings programme under Leap-2 umbrella, and continues to mitigate impact. This to reduce burden on customers, and protect company margins. To partially offset impact of commodity costs, Hero MotoCorp will increase product price by upto Rs 1,500, with effect from January 1, 2021.
Hero Discounts Dec 2020
Price increase will vary across models, including their best-sellers like Splendor, Passion, Deluxe, Glamour, Destini, Pleasure, Maestro and even the premium range like Xpulse, Xtreme. ‘Final price revisions will be communicated to dealers in due course,‘ said Hero MotoCorp in a regulatory filing.
A planned price hike such as this is a yearly occurrence. Depending on variables, price hikes are announced through the year. In most cases, for individual product ranges. Start of year price hike takes into account new model year vehicles. Given the situation, one can always opt to go bargain hunting for December deals.
With dealerships keeping a close eye on existing stock, it’s in everyones best interest to sell all current MY vehicles. More often than not, depending on availability, manufacturers curate special deals. Making price points as attractive as ever is enough to get noticed. And resultantly, maintain sales momentum.
Hero MotoCorp 2020 December deals
Hero MotoCorp is currently offering cash benefit of Rs 4,000 on exchange deals on purchase of Xtreme 200S, Xtreme 160R and Xpulse 200 over the fortnight. Destini 125, Maestro 125, Maestro 110 Passion Pro and Super Splendor are being offered with Rs 2,100 exchange and loyalty bonus while Hero Glamour comes with Rs 2,100 cash discount.
It’s safe to say that deals aren’t limiting. Customers could find themselves spoilt for choice. Especially, since, discount deals are available from multiple manufacturers. Following heightened sales activity during the festive season each year owing to a sizeable number of planned purchases, December sales could always seem lacklustre. The saving grace is always the quantum of end of year discounts and offers attractive enough to get customers back into showrooms.
This works well to ensure a strong year end, and Q4 cumulative sales. An inevitable price rise in 2021 is sometimes a good enough reason to buy that vehicle before the new year. Sales further thrived in recent months owing to flexibility in finance plans. This includes debit card bank EMI plans for two-wheeler purchases. More

File Photo.
Hero MotoCorp is developing an all new electric motorcycle for India

With Hero MotoCorp registering a new name ‘XTEC’, there are speculations that it could be the company’s first electric product. Considering that the company already has Xpulse and Xtreme range, the Xtec could be an electric motorcycle.
Hero MotoCorp electric motorcycle concept
As reported earlier, Hero MotoCorp is working on a premium electric motorcycle as well as affordable commuter electric two wheelers. The Xtec name could be used for the premium electric motorcycle that will be launched first. This is being developed via a joint collaboration between Hero Motocorp’s Technology Center in Germany (HTCG) and its R&D headquarters in Jaipur, Rajasthan.
The concept electric motorcycle is referred to as e-US, which is short for electric Ultra Sport. As of now, no other details are available about Hero MotoCorp’s first electric motorcycle. When unveiled, the concept will help the company to better understand customer opinions and expectations.
It’s true that India’s largest two wheeler manufacturer has been late in entering the electric segment. However, being an established brand, it shouldn’t have problems in convincing customers to buy its products. The electric two wheeler segment in the country was largely created by startups and it’s only recently that biggies like Bajaj and TVS have launched their electric products.
Hero XTEC name registered
Naming issue
The only problem Hero MotoCorp can face is that it has to come up with another name for its electric two wheelers. That’s because according to a legal agreement, Hero MotoCorp, which is led by Pawan Munjal, cannot use ‘Hero’ brand for its electric products.
The rights for that are with Hero Electric, which is owned and managed by Pawan’s cousin Naveen Munjal. It is to note that Hero MotoCorp and Hero Electric are entirely distinct business entities, even though the owners belong to the same family.
An option for Hero MotoCorp could be to use Ather Energy brand, which is already popular in the electric segment. As may be recalled, Hero MotoCorp owns 38.57% in Ather Energy. However, that route may also be challenging since Ather focuses on lifestyle products. Switching to low-cost electric products might negatively impact its premium brand value.
Hero MotoCorp can use a strategy similar to that of Chetak, which was launched without the obvious reference to Bajaj. Chetak electric scooter was positioned only as ‘Chetak’ and does not have ‘Bajaj’ branding. Hero MotoCorp already has popular names such as Splendor, Glamour, and Passion, which could be used as a part of the names for the company’s electric motorcycles. More

Hero Dealership
Yet again Hero MotoCorp domestic sales crosses 5 lakh units

Hero MotoCorp has reported strong sales in November 2020. The manufacturer consistently reports upward of 5 lakh units in monthly sales as a matter of habit rather than exception. So, yet again, total sales is reported at a mighty 5,91,091 units in November 2020. Sales growth is reported at 14.38 percent YoY when 5,16,775 units were sold. Volume gain stands at 74,316 units
Of this, domestic sales accounts for 5,75,957 units at 13.83 percent growth, up from 5,05,994 units at volume gain of 69,963 units. Exports accounted for 15,134 units. Though a small number, growth was significant at 40.38 percent from 10,781 units at volume gain of 4,353 units.
Hero MotoCorp Sales Nov 2020 vs Nov 2019 vs Oct 2020
Of domestic sales, motorcycles take precedence for the manufacturer. Sales is at a whopping 5,41,437 units, up 12.93 percent from 4,79,434 units. Volume growth alone stands at 62,003 units, more than what some manufacturers manage to sell in an entire month in the company. The scooter portfolio though on growth mode doesn’t seem to be as loved as Hero motorcycles. Sales is reported at 49,654 units, up by a third from 37,341 units.
Hero MotoCorp October 2020 MoM sales
MoM sales is reported at a decline since the manufacturer sold more than 8 lakh two-wheelers in Oct 20. A feat that only Hero MotoCorp could have pulled off. Total MoM sales decline is reported at 26.74 percent down from 8,06,848 units. Exports fell marginally at a deficit of 577 units down from 15,711 units. Domestic motorcycle sales fell 26.08 percent down from 7,32,498 units. Motorcycle range is dominated by Splendor, HF Deluxe, Passion, Xtreme, Xpulse, etc.
Hero MotoCorp YTD Sales Apr-Nov 2020
Scooter sales decline is reported at a third, down from 74,350 units. Total domestic sales fell by 27.2 percent down from 7,91,137 units at volume loss of 2,15,180 units. Scooter range includes the likes of Pleasure, Maestro, Destini, etc.
While sales in recent weeks has been promising, it’s not enough to go into the green for the year. FY21 YTD (April – Nov ’20) total sales amounts to 37,75,890 units, down 18.8 percent from 46,50,363 units. Of this, exports accounts for 97,542 units, down 15.81 percent from 1,15,864 units. Total domestic sales fell 18.88 percent down to 36,78,348 units from 45,34,499 units. Of tis motorcycle sales has fallen 19.18 percent at 34,80,990 units, and scooter sales fell 14.08 percent at 2,94,900 units from 3,43,222 units.
Hero intends to ride this wave further
At a time when it was difficult to foretell sales projection considering sales activity had come to a standstill owing to Covid-19 pandemic related nationwide lockdown, the two-wheeler industry has covered much ground, and how. No doubt market conditions have been challenged like never before, and supply and logistic chains disrupted but as business opened up in a phased manner, such niggles were sorted in a timely manner to prepare for the big fat Indian festive season.
Hero MotoCorp has led the two-wheeler industry revival from the front and reported record retail sales this festive season. Earlier it was reported that a staggering 14 lakh units were retailed in the 32- day period starting from Navratras till Bhai-Duj.
Hero MotoCorp attributes its stellar sales stance to its product portfolio, festive initiatives, digital sales solutions and safe customer buying experience. Sales growth has helped strengthen market leadership. Supply and production has been ramped across manufacturing units to meet increased demand. Hero MotoCorp aligns with the thought that increase in personal mobility requirements post Covid-19 restrictions will further strengthen demand for two-wheelers. The company intends to ride this wave further. More