Ad Here  
European crisis is a global crisis! Apple maps – finding its way People Flow Day- Safety Scoot offers just Rs.13,500 to ANZ... A global plastic event in India Realty sector takes a break... Industry-well poised to invest on expansion CUB: towards card-less withdrawal Techies trip to India Chennai Port is at last decongested! Innovation that helped Chennai port Economic, business and social sustainability ALL – truck industry is recovering from degrowth Purdue and IIT-M sign the dotted line Well-refined – RIL’s refinery margins zoom Economic issues take a back seat at G20 summit Hyundai excites again Curbing steel imports will hurt small business... Waste, a gold mine Celebrating 180 years of relevance Placing the right shoe forward... Investor friendly Japan Pharma market dozes Climate change may change the way businesses work... More gensets and diesel engines from TAFE Indigo stays leader with 40 per cent share Creating Tamil Nadu Banana brand Carrefour’s quick exit TCS’ revenues cross Rs 100,000 crore Chola MS launches motor app Flexible labour laws… TVS Logistics – another acquisition to sharpen the business model IFCI to raise NCDs upto Rs 2000 crore Focus on self-certification and third party inspection Indian Bank – global businesses crosses Rs 3 lakh crore... Backpack laboratory WABCO’s second Chennai plant Reality bytes TOP 10 CEO Compensation When Centre visits the state Blue Star plans a new plant in south An aerospace-defence cluster in Tamil Nadu… Four daughters and a proud father Research needs more funding Striking cords for 25 years… Changing dynamics in human resource management Chennai will soon get its World Trade Centre Tata Steel commence operations at Kalinganagar Illicit markets a concern to growing economy Automotive Vision Plan II... Time to fast-pace the logistics sector Big-ticket investments march towards Punjab TII-challenging year with flat growth SumInfra- corridor based development... Chennai to get a roundabout Metro Smart controls for cooling large multi-zone spaces ... Gem of social service... Digital retail transactions stabilise at higher level… TiE applauds innovative entrepreneurs An American alliance in the chemical industry? Adding Zest to Scooty Ridley marathon to India Murugappa- a year of consolidation ISRO's 100th mission Sun Edison launches solar pumps Nothing to hide... AirAsia India infuses funds to fight out competition Auto test tracks launched at GARC Oragadam campus Need to focus on ease of doing business... Hero Motocorp - smooth ride Celebration time at MS Chola On the ‘milky’ way BRICS development bank Connecting the unconnected ECGC expands operations Brand leaders come forward... Rating of states to be released soon Veritas Finance- financing the unfinanced Airlines wage price war STFC raises money The new look- 4s Verna Strategy war escalates between Hero and Honda Is Indian telecom industry heading for a monopoly? - OBO Bettermann for better lightning protection TII’s single largest investment at Thiruthani Nigeria comes nearer World labour laws at a glance Applauding enterprise... Chola MS net crosses 100 crores Make way for the new and dynamic railways ALL-two launches in a row LVB gears to become a financial supermarket Housing Innovation Challenge, 2015 Secured NCDs from Shriram City TN budget pragmatic and moderate on fiscal deficit Realising double digit growth in Tamil Nadu Holiday Inn opens in OMR Chennai Three more leather clusters… Business Breif Dynamic e-commerce scenario Bridging the skill deficit in pharma industry Steel loses its sheen Inclusive and forward moving... Business Briefs ALL to launch electric busses Durga - India’s largest blast furnace; now operational Towards peace of mind Schwing Stetter India joins hands with US-based Gomaco Downsizing spree...
Hero Motocorp - smooth ride

Hero Motocorp has kickstarted FY17 with robust sales of around six lakh plus in the month of April. HMC has been registering double digit growth in three consecutive months (13.6 per cent in February, 14 per cent in March and 15 per cent in April). Quarterly net profit has increased by 70.85 per cent to Rs 814.16 crore, backed by the best quarterly sales.

With brighter outlook for scooters than for motorcycles, the company plans to increase its scooter production capacity to 125,000 per month.

“In the past five years since we commenced our solo journey, we have consolidated our leadership in the face of a volatile market and an intensely competitive environment. Brand Hero has become globally known, with presence in about 30 countries across Asia, Africa and Central and South America,” said Pawan Munjal, Chairman, Hero MotoCorp.

Hero has entered new markets, Nigeria, Argentina and Mexico, but due to continuous currency depreciations, the company has seen significant headwinds.

The company has also forayed into the world of motorcycle rally racing by forming a strategic partnership with Speedbrain GmbH. It is set to blast the track in the Merzouga rally for the first time.

Author :
Reported On :
Sector :
Shoulder :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236