Automotive Industries,Automotive Industries sector projects by Hero Motocorp Ltd in
Project Information
4884
Hero Motocorp Ltd
Hero Motocorp, India's Largest Two-Wheeler Manufacturer, Is Considering Fully-Fledged Manufacturing Operations In Bangladesh And Colombia By The End Of This Financial Year. This Would Be Hero Motocorp's First Initiative On Manufacturing Operations Abroad Since The Termination Of Its Joint Venture With Former Partner Honda Motor Company. The Market Size In Colombia And Bangladesh Is Significant And The Manufacturing Units Would Help The Company Expand Business In These Geographies Rapidly. About 6,00,000 Two-Wheelers Are Sold In Colombia Every Year, The Bangladesh Market Size Is About 2,00,000 Units A Year. The Company Already Has CKD Assembly Operations In Bangladesh And Colombia, Through Distributors. The Company Is Also Exploring Opportunities To Set Up Companies In The US, Europe, Latin America And Southeast Asia. Hero Motocorp Has Already Started Exports To New Markets In Central And Latin America And Africa. The First Consignment Of Two-Wheelers Has Already Been Shipped To Peru In Latin America, El Salvador, Guatemala And Honduras In Central America And Burkina Faso And Ivory Coast In Africa.
Project Value
Refer document
Conceptual Stage
Not Specified
India
Automotive Industries,Automotive Industries
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