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