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India Front Line Report
SEAnews Issue:monthly
2013-08-16 ArtNo.44584
◆Hero MotoCorp to develop 100% made-in-India products
Gurgaon, Aug 8: The country’s largest two-wheeler manufacturer Hero MotoCorp on Thursday said that the company will launch products developed 100 per cent in India in the next few years.
The company has been selling products developed through technical tie-ups with Honda earlier and now with the US-based motorcycle company Erik Buell Racing (EBR).
“The idea of tying up with such companies is to get technologies in place and develop 100 per cent indigenised products from India. Give us few years, we will do it,’’ Pawan Munjal, Managing Director and Chief Executive Officer, Hero MotoCorp, told reporters here.
He said that the company would also launch new segments like off-the-road motorcycles in future in line with models such as Impulse, as the market for such bikes is growing in India.

【News source】

Hero MotoCorp to develop 100% made-in-India products

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