Hero Motocorp to tighten grip on Indian market; announces 3 new bikes
Despite command of near half of the domestic motorbike market, the two wheeler major Hero MotoCorp is all set to introduce three new bikes in India.
Christened as 125cc Super Splendor, 110cc Passion PRO and 110cc Passion XPRO, these will be launched in a staged manner commencing from next month.
The company hopes to further consolidate its position in the Indian domestic motorcycle market.
The company is especially dominant player in the 100-125cc segment with its popular brands.
The new bikes come with bold styling and more power while still retaining their product basic features, it was informed.
Hero will shortly be announcing the ex-showroom prices of these new motorcycles as and when these will be made available to the dealerships.
Hero had earlier announced to bring half a dozen new launches this fiscal. While the company showcased three new products today, it is expected to introduce its new premium motorcycles and scooters during the Auto Expo in February 2018. >