Hero MotoCorp bought 4.50 lakh two wheelers in March

Hero final month bought 4,15,764 two-wheelers in India the place 34,390 items had been shipped out within the worldwide markets. Hero expects gross sales momentum to select up additional within the new fiscal in FY 2022-23.

By :
HT Auto Desk

02 April 2022, 09:49 am

The brand new Hero Destini 125 XTEC was just lately launched in India.

Hero MotoCorp, India’s largest producer of bikes and scooters, introduced gross sales of 4,50,154 items in March 2022. Hero bought 4,15,764 two-wheelers in India final month, with 34,390 items shipped in worldwide markets. The corporate stated this can be a sequential month-to-month enhance over the items bought final month because it shipped 358,254 bikes and scooters in February 2022.

(Additionally Learn: Hero MotoCorp Will Improve Costs Of All Fashions From April 5. Verify Particulars)

Nonetheless, when it comes to year-on-year development, total gross sales declined drastically as Hero bought 5,76,957 items of two-wheelers in March 2021 as in opposition to 4,50,154 items bought within the earlier month. Whereas home gross sales declined sharply, exports noticed a marginal enhance as the corporate bought 34,390 items final month as in opposition to 32,617 items bought in the identical interval a yr in the past.

The Splendor-maker introduced that the pandemic restrictions are persevering with to raise and the market is getting again on observe, and expects gross sales momentum to select up within the new fiscal yr 2022-23.

By way of total FY’22 gross sales efficiency, the corporate managed to promote a complete of 49,44,150 two wheelers within the monetary yr (April 2021-March 2022). The model introduced a slew of latest launches together with the brand new Destini 125 ‘XTEC’ and Xpulse 200 4V.

(Additionally learn: Maruti Suzuki, Hero MotoCorp will get exemption amongst 75 corporations beneath Auto PLI)

Hero additionally strengthened its management staff with the appointment of digitization and know-how knowledgeable Reema Jain as Chief Info and Digital Officer to steer the enterprise transformation.

First revealed date: 02 April 2022, 09:43 AM IST

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