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      Hero MotoCorp Sales Nov 2020 Grow 14% – Splendor, Passion, Destini, Maestro

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      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

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      Harley Davidson India To Reveal Updated Dealer Network By Dec 2020

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      Harley Davidson Motorcycles India
      Existing Harley Davidson India dealer network will remain active till 31st Dec

      Harley-Davidson India customers have received communication from the company to assure them of what 2021 and beyond will look like. For starters, the company is working closely with Hero Motocorp to ensure a continued and hassle-free customer experience starting next year.
      For now, all aspects of owning a Harley-Davidson are continuing just as they have until now. This includes accessories, gear, HOG activities, warranty, and service. All such, inclusions that are currently active will continue seamlessly from January 2021 in a renewed setup.
      Current Harley Davidson dealers will operate until December 31, 2020. The updated dealership and service network that will be operational in the new year will be commented before the end of 2020.
      Harley Davidson customer outreach
      The company remains engaged with Hero MotoCorp to ensure the Harley-Davidson experience isn’t affected. All concerns related to transitioning are a foremost thought at the company, and as updates are available, the same will be communicated with customers. Harley Davidson will continue to bring new motorcycles to the country. Such details will be communicated closer to launch date.
      Hero will take care of Harley Motorcycle Sales and Service in India
      Parts and accessories requirements will be available to order at dealers, and can be checked at the nearest dealer. The Financial Services Team will continue with customer Planned Maintenance Programme, and Extended Warranty.
      The association between both manufacturers and for long been one of a guessing game. Prior to the confirmation a few weeks earlier, Harley Davidson’s expected association meant all major names in the country were up for discussion. Despite rumours no formal announcements were forthcoming.
      It’s only in the aftermath of the Covid-19 pandemic that Harley’s Davidson’s Indian business arm has been laid bare and geared the brunt of rapid and extreme sales contraction. Limitations that led to the situation had long been burying its claws deep into Harley Davidson’s ability to have a sustainable business plan in India.
      Harley Davidson India business model
      When exiting its sales and manufacturing operations in India, the company said this is part of a company-wide 5-year restructuring plan to rewire, focus on high-priority markets, and streamline its product lineup. It’s Bawal assembly plant has been responsible for assembling the few 1,000 units the manufacturer sold each other. Being a ‘complete knock-down’ (CBU) assembly plant means parts and components were shipped from US, and assembled here for India.
      The allure and premise of Harley Davidson in India has always been an expensive one, and its business model didn’t help in achieving a more price efficient system. Even though the company did go on to make smaller engine bikes for the lock market, that too found few takers and wasn’t transformative in terms of converting buyers as the company had hoped. More

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      Hero MotoCorp Records 14 L Retail Sales In 32 Days – Splendor Highest

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      New Hero Splendor Black Edition
      Hero MotoCorp reports 14-Lakh units retailed over the 32-Day Festive Period just concluded

      Hero MotoCorp has gone from strength to strength this festive season despite Covid-19 pandemic related disruptions. Only in March this year, the world shut down to keep Covid-19 at bay. This meant businesses came to a standstill with no sales activity for weeks at an end.
      The positive outcome of this planned slowdown meant usual sales were delayed and that has meant businesses have now had the opportunity to meet this pent up demand. Add to this, a robust festive season, and most manufacturer have been able to post sales growth.
      Hero MotoCorp 2020 festive season
      Hero MotoCorp being the biggest automaker in India has sold a whopping 14 lakh two-wheelers this festive season. Retail sales off-take calculated is for a 32-day festival period, starting from first day of Navratra and concluding the day after Bhai Duj.
      To put this in perspective, festive season volumes in 2020 is at 98 percent of 2019, which is almost back to normal despite these strained times. This also means on a MoM basis, the company has continued to gain market share and strengthen its top position.
      Splendor has been the best selling motorcycle this festive season
      The recent round of hyper sales was more than necessary considering the slowdown earlier, and also the fact that there’s rather little time left for the calendar year to end if the company has any hope of posting anywhere next to decent sales for the 12 month period ending in December. Sales is at 103 percent as compared to the same period in 2018.
      Sales this season has helped Hero MotoCorp reduce vehicle stock at dealerships to less than four weeks, its lowest ever post-festive inventory. Festival season retails were driven by its strong line of motorcycles including Splendor and HF Deluxe, 125cc motorcycles Glamour and Super Splendor, and the Xtreme 160R, and XPulse range in the premium segment. Glamour BSVI gained volumes in new markets. Destini and Pleasure scooters too secured double-digit growth.
      Hero MotoCorp MoM sales
      Hero MotoCorp has consolidated domestic market share since resumption of plant operations and retail sales in early May. Market share grew by more than 500 bps in October 2020. Hero owes this to robust planning and prep across the spectrum, including dealer partners. Activity has been heightened despite disruptions in the supply chain of components, plant operations and customer touch points once business restarted in may 2020.
      Hero MotoCorp has relied on strict protocols and measures to ensure safety of all stakeholder groups involved. With news revolving around rapid development of Covid-19 vaccines, the global economy could bounce back in the months to comes. Positive forecast by International Monetary Fund (IMF) projectis close to double-digit growth for Indian economy in FY’22. This could boost customer sentiments in general. More

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      New Hero Xtreme 200S BS6 Arrives In Showroom – Detailed Walkaround

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      Image – The Bengal Rider
      New BS6 Hero Xtreme 200S is powered by a 199.6cc engine with oil cooling and XSens Technology

      In October, Hero MotoCorp had launched four new products of Hero Splendor+ Black and Accent, Hero Glamour Blaze, Hero Pleasure+ Platinum and Hero Maestro Edge 125 Stealth. These will help the company boost sales during Diwali 2020.
      Now, the company has launched the new BS6 compliant Xtreme 200S premium motorcycle. In its BS6 guise, the 200S sees some changes in terms of features, colour options and engine and this gets detailed in a walkaround video shot at the Ridhi Hero Howrah showroom and is seen on the Bengal Rider YouTube Channel.
      Features and Colour Options
      The new Hero Xtreme 200S is presented in 3 color schemes of Sports Red, Panther Black and a New Pearl Fadeless White and is now priced at Rs.1.16 lakhs which is higher by around Rs.14,800 over its BS4 counterpart which was priced at Rs.1,00,900.
      The new BS6 Xtreme 200S sits on a diamond type frame and rides on 17 inch alloy wheels fitted with tubeless tyres. It stands 2,062mm in length, 778mm in width and 1,106mm in height with 165mm ground clearance and wheelbase of 1,338mm. Saddle height is at 759mm, fuel tank is of 12.8 liter capacity and kerb weight is at 154.5 kgs.
      [embedded content]
      The updated Xtreme 200S receives features such as twin LED headlamp, LED position lamp and LED tail lamp. It gets LED DRLs with black housing and LED back light unit. Its features also include sharp mirrors and an all digital LCD instrument panel with speedo and tacho readings along with gear position indicator and engine malfunction light at the top right hand corner of the screen. The rider can sync the system via Bluetooth and get turn by turn navigation and call alerts on the instrument panel.
      BS6 Engine
      The BS6 compliant engine that now makes its way onto the new Hero Xtreme 200S sees a dip in performance as compared to its BS4 counterpart. The 199.6 cc, single cylinder, 4 stroke, fuel injected, oil cooled engine gets XSens technology and delivers 17.8 hp power at 8,500 rpm and 16.4 Nm torque at 6,500 rpm mated to a 5 speed constant mesh transmission.
      This is 0.3 hp and 0.7 Nm lower than that seen on the BS4 compliant engine. Suspension is via telescopic fork in the front and 7 step adjustable mono shock at the rear while braking is managed via 276mm disc in front and 200mm disc at the rear along with single channel ABS.
      This premium, fully faired motorcycle, for which bookings have opened and deliveries are set to commence soon, competes with the likes of Bajaj Pulsar 180F, 220F, TVS Apache 200, etc. Hero MotoCorp is offering the new 200S with complimentary Road Side Assistance for 1 year with on call support, repair on the spot, tow to nearest Hero service center, fuel delivery in case of fuel run out, flat tyre support, key retrieval support and battery jump start. More

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      Hero Glamour Motorcycles (751 Units) Handed Over To Karnataka Police

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      Hero Glamour for Karnataka Police
      Hero MotoCorp hands over 751 Glamour motorcycles to Karnataka Police Department in Bangalore

      As part of Hero MotoCorp’s partnership with state police departments, the two-wheeler manufacturer has delivered 751 units of Hero Glamour BSVI motorcycle to Karnataka’s police department. Karnataka Chief Minister B. S. Yediyurappa, and Home Minister Basavaraj Bommai flagged off a rally from Vidhan Soudha in Bengaluru, Karnataka.
      In July 2020, the manufacturer handed over 100 units of Destini 125 and Maestro Edge 125 for women police officers in the UP Police dept. The trend sees Hero carry out such activities at regular intervals across police departments in the country.
      The far reaching CSR activity hasten Hero MotoCorp associate with police departments in Uttar Pradesh, Chhattisgarh, Rajasthan, Maharashtra, Telangana, Haryana, Uttarakhand, West Bengal, Karnataka, Orissa, Madhya Pradesh, and Pondicherry.
      Hero MotoCorp CSR
      Number of vehicle handed over thus far exceeds 3.5k units. Project Sakhi CSR activity is tasked with bikes handed over specifically for women coppers. In most instances, stock bikes are slightly tweaked in regard to accessory packs and fitment to ensure coppers are able to accommodate all they need when doing the rounds. Special police stickers are added to visible areas of the bikes.

      Hero Glamour BSVI uses i3S (idle start-stop system) for enhanced mileage. Its 125cc engine with XSens Programmed Fuel Injection tech returns max power of 10.73 BHP @ 7500 RPM and torque of 10.6 Nm @ 6000 RPM. Front 240mm disk brakes and ground clearance of 180mm add to value proposition.
      Hero MotoCorp sales
      This festive season has been a busy period for Hero MotoCorp with the company having reported its highest wholesales to date. Wholesales is reported at 8,06,848 motorcycles and scooters in October 2020 at 34.64 percent sales growth up from 5,99,248 units in October 2020.
      The two-wheeler manufacturer finds its large buyer base in its large motorcycle range of which Splendor leads by miles. Domestic motorcycle wholesales accounted for 7,32,492 units last month. The month prior, the brand reported 6,60,948 units.
      This upward graph will certainly help consolidate Q4 2020 quarter to help Hero end the year well. For the same month, FADA Research reports retail sales at 3,33,563 units with the exception of about RTO data from AP,MP,LD, and TS.
      Earlier in 2020, Hero MotoCorp began an ongoing activity of handing over First Responder Vehicles (FRVs) to varied govt departments across multiple states. Thus far more than 25 such units have been distributed in Andhra Pradesh, Gujarat, Haryana, Himachal Pradesh, Rajasthan, and Uttar Pradesh.
      The CSR activity is specially designed to aid Covid-19 relief efforts. The custom built Xtreme 200R motorcycles in use are equipped with a full stretcher with foldable hood, medical equipment including detachable first-aid kit, and oxygen cylinder, and a fire extinguisher. To ensure these vehicles are given a free pass wherever possible they’re fitted LED Flasher lights,a beacon light, an emergency wireless public announcement system, and siren. More

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      Hero Xtreme 200S BS6 Launch Price Rs 1.15 L – Rivals Bajaj Pulsar 220F

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      BS6 Hero Xtreme 200S
      Hero Xtreme 200S will lock horns with Bajaj Pulsar 220F, which is priced at Rs 1.24 lakhs

      Hero MotoCorp has finally launched its fully-faired bike Xtreme 200S in its BS6 derivative. The bike was not yet been upgraded to the latest emission norms and, therefore, has not been in sale since April this year. Now, the brand has launched the latest iteration of its flagship motorcycle in India. Price is Rs 1,15,715, ex-sh; making it about Rs 9k cheaper than Pulsar 22F.
      Powertrain & Tranmission
      Hero utilizes the same 199.6cc single-cylinder motor on Xtreme 200S which has been upgraded to BS6 emission norms in Xpulse 200. This unit is also set to receive an oil-cooler as seen on the adventure tourer. It will continue to be mated to a 5-speed gearbox.
      As in the case with most updated BS6 two-wheelers, power figures on the new Xtreme 200S will be slightly altered. Output figures on the BS4 version read as 18.4 PS of maximum power and 17.1 Nm of peak torque. In its BS6 avatar, it now delivers 17.8 BHP @ 8500 RPM and an impressive torque of 16.4 Nm @ 6500 RPM. This means, power and torque figures, both have declined in BS6 avatar, when compared to BS4 figures.
      Design & Features
      Speaking of design, the BS6 Xtreme 200S sports the same styling with similar fairing as seen on its predecessor. Although, it now gets a new paint scheme called Pearl Fadeless White. Earlier two colours of Sports Red, Panther Black, which were on sale in BS4 avatar, continue to be on sale in BS6 avatar as well.
      BS6 Hero Xtreme 200S
      Equipment offered on the bike is also expected to remain same which shall consist of LED headlamp, LED taillight and an all-digital instrument console that comes equipped with Bluetooth-enabled turn-by-turn navigation, call alerts and gear position indicator. The Xtreme 200S comes with a 7-step adjustable mono shock suspension that offers superior ride handling, 276 mm Front Disc with single channel ABS and 220 mm Rear Disc for added safety.
      Commenting on the launch, Naveen Chauhan, Head – Sales and Aftersales, Hero MotoCorp, said, “The new Xtreme 200S showcases our focused approach to the premium segment. Our premium products like the Xtreme 160R and XPulse 200 BS-VI are receiving an overwhelming response from the customers. I am confident that the Xtreme 200S will build on their success.”
      Malo Le Masson, Head of Strategy, Hero MotoCorp, said, “Our horizontal strategy catering to all customer categories has worked really well and has allowed us to grow our market share in the premium motorcycle segment. We are confident that the BS-VI Xtreme 200S will continue its strong performance and further fortify our presence in the segment.”
      Hero Xtreme 200R No More?
      Hero Xtreme 200S is a fully faired bike based on its naked version Xtreme 200R; which in all likelihood is discontinued. Thanks to Xtreme 160R. Its smaller sibling Xtreme 160R made its debut a few months ago and has received a generous response overall. The naked roadster is offered in two variants at a starting price of Rs 99,850 going up to Rs 1,03,500 (ex-showroom).
      Hero Xtreme 160R is based on the Hero 1.R concept showcased at EICMA in Milan, Italy in 2019. The smaller Xtreme 160 is much sportier than its bigger sibling. The 160R attempts to be a sportier rendition of its elder faired sibling with minimum body panels, LED headlamp, heavily contoured single-piece seat, smoked-out LED taillight with ‘H’ signature and prominent chiseled fuel tank with contrast coloured extensions.
      The Xtreme 160R is powered by a 163cc single-cylinder, SOHC engine which produces 15 bhp and 14 Nm of peak torque. Same 5-speed gearbox used in Xtreme 200S is offered in Xtreme 160R.  More

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      Harley Davidson Dealers May Reduce Because Of Partnership With Hero

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      File Photo
      Harley Davidson last week entered into a distribution and licensing agreement with Hero MotoCorp as a part of its Rewire strategy.

      Harley Davidson’s partnership with Indian two-wheeler giant Hero MotoCorp was on the expected lines since the American brand quit its India operations a couple of months ago. As per this deal, Hero MotoCorp will now develop and sell a range of premium motorcycles under the Harley Davidson brand name.
      However, this partnership has put the fate of Harley India’s existing 33 dealerships across the country in doubt. These dealers are spread across metros and smaller towns across India and have no idea what future holds for them. As per last update, Harley Davidson was still in process of communicating this transition to its existing dealers.
      Current status of Harley Davidson Dealer in India
      Dealers still awaiting clarity from Harley or Hero MotoCorp; expect the network to be shrunk to 13-15 dealerships from the current 33. Dealers have confessed that mid-sized motorcycle Street 750 accounted for 70-80 percent sales in the country and has been out of production for more than a month.
      A Harley Davidson dealer on condition of anonymity admitted that in its good days, the dealers sold around 20-25 units of Harley each month which has come down to single-digit figures. With Street 750 most likely not to return and the launch of a mid-size motorcycle from the Hero-Harley combination still a few years away, dealers feel they should be compensated for the investments made by them or should increase the profit margins to sustain operations.
      Hero will take care of Harley Motorcycle Sales and Service in India
      Future of these dealers
      The report states that Hero Moto will not only sell and service existing Harley bikes in India but also “sell parts and accessories and general merchandise riding gear and apparel through a network of brand-exclusive Harley-Davidson dealers network in India”.
      Another Harley Davidson dealer said that in 2013, the American motorcycle brand was solely dependent on CBUs and there were only 9-10 dealerships at that time. The company is heading towards the same direction now.
      The most affected dealers are going to be those in the smaller markets of the country and those who had recently refurbished their showrooms and invested a sizeable chunk. A clearer picture is expected later this week when an official communication from Harley Davidson is sent out to dealers which will throw some light on increased margins or compensation for the dealers.
      Harley Davidson officially announced its tie-up Hero MotoCorp. This is not a first in two wheeler industry. We have already seen the likes of Bajaj-KTM, BMW-TVS and Jawa-Classic Legends. The first product of this joint venture is likely to be a mid-size motorcycle in the 350-500cc segment. This made-in-India Harley motorcycle is also expected to be exported by Hero to overseas markets.
      SOURCE More

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      Hero MotoCorp Oct 2020 Sales Record New High – Thanks To Splendor

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      Hero Splendor
      Hero MotoCorp total sales have crossed the 8 lakh mark in a single calendar month for the first time in history

      Hero MotoCorp Ltd has sold 8,06,848 motorcycles and scooters in October 2020. This isn’t just a high point but to put it in perspective, it’s the manufacturer’s highest-ever sales in any single month at 34.64 percent gain, up from 5,99,248 units sold in October 2020.
      While this isn’t enough to recover sales lost at the start of FY21 on account of Covid-19 pandemic related lockdown, the high sales milestone is a shot in the arm considering a few months earlier now one new if any sort of sales recovery was possible this year.
      Clearly those uncertainties are behind Hero Motocorp, and the brand would be quite hopeful about November sales too. The festive season each year is a time when auto manufacturers count on the increased number of footfalls to dealerships to seal a deal, and this year that has been in plenty. Keeping in mind current positive sales sentiment, November too is a period manufacturer’s will be closely monitoring.
      Hero Sales Report
      Motorcycles make up the majority of Hero MotoCorp sales and accounted for 7,32,498 units at 32.54 percent growth from 5,52,672 units having gained 1,79,826 units in volume. The remainder 9.21 percent sales is contributed by scooters, sales for which accounted for 74,350 units, up 59.63 percent from 46,576 units sold a year earlier. Majority of motorcycles sales were thanks to Splendor and HF Deluxe. These two register about 70% of total sales of Hero Moto.
      Hero MotoCorp Sales Oct 2020
      Hero’s dominance in the domestic market accounts for 7,91,137 units of total sales, up from 5,86,988 units sold last year. Exports are reported at 15,711 units having gained 28.15 percent, up from 12,260 units last year.
      Hero MotoCorp has reported double-digit growth of 35 percent over 5,99,248 units sold in October 2019. This is partly on account of low base sales last year as the auto industry was already dealing with slowdown as FY20 progressed.
      Sales Momentum To Continue In Nov
      Furthermore, current safety requirements harbour on personal vehicles because of the risks posed by using public transport, and their unavailability in large tracts of public transport routes.
      As the job and labour market limp back to regular commutes, a company like Hero MotoCorp can rely on its mass market commuter bike reputation to tide by. Sudden sales slowdown in April also means deferred buying decisions are now being realised. In all, the sum total of circumstances is seeing Hero MotoCorp enjoy its numero uno position even more this season.
      Current positive turnaround in customer sentiment in motorcycle segments, and restarting of the supply chain, logistics and business ops has helped Hero MotoCorp do what seemed unthinkable just a few weeks earlier.
      Higher dispatches during the month means Hero’s touch-points now have adequate inventories in line with market demand. In Q2 FY21(July-September), market share across product categories and geographies has improved. The company expects to continue building on current momentum. More