Architecture firm William McDonough + Partners have worked on Hero MotoCorp’s newest and 4th factory. Globally, Hero is the largest two-wheeler manufacturer. Dubbed Garden Factory by William McDonough, the facility has opened in Rajasthan, India.
Hero MotoCorp, leading Indian two wheeler manufacturers, are in expansion mode expanding its reach across the country and across the globe. On Monday, Hero MotoCorp inaugurated its fourth facility in India at Neemrana, Rajasthan which will have capacity of 7.50 lakh units per annum.
Asiad gold winning Indian National Hockey team was felicitated by Hero MotoCorp Limited following their win over arch rivals Pakistan. This win in the final at Incheon, also gives the Indian Hockey Team a direct entry into the Rio Olympics 2016.
Hero MotoCorp reports 16,92,523 two-wheelers sold in Q2 of FY2014-15, with total turnover (Net Sales & other Operating Income) of Rs 6,915 crore, and net profit after tax (PAT) of Rs 763 crore over turnover of Rs. 5,726 and PAT of Rs 481 crore in the corresponding quarter in 2013-14 fiscal.
Hero MotoCorpÂ has hiked prices across range. Prices have beenÂ increased to offset rising input costs. Hero motorcycles and scooters will now be dearer by upto 0.5%.
Hero MotoCorp, the worldâ€™s largest motorcycle manufacturer, is set to launch their motorcycles and scooters in the US. The Indian company has commenced filing of trademarks for 8 of their models with US Patent and Trademark Office.
Hero MotoCorp Ltd. (HMCL), leading two wheeler manufacturers in the world has seen tremendous sales during the festive season. The company has reported a total of over 6 lakh unit sales during the month of September 2014 with dispatches continuing well past midnight on September 30, 2014.
Hero MotoCorp annual report revealed that the company is working on setting up a fourth plant in the state of Gujarat. Now, Reuters reveals that the world’s largest two wheeler manufacturer has already started preparing for the setup of their fifth plant in India, even when the construction of their fourth plant is yet to commence.