Fortifying their leadership as the world’s largest two-wheeler manufacturer, Hero MotoCorp Ltd clocked its best-ever sales performance in a financial year. The company sold a record 66,31,826 units of two-wheelers during the financial year 2014-15 – a growth of 6.2 % over the corresponding period of 2013-14, when the company had sold 62,45,960. Adding a cherry to the cake, HMCL capped-off the financial year 2015, selling 5,31,750 unit sales in March’15. The company had sold 5,24,028 units in March 2014.
In the month of March, Hero MotoCorp and Milan based Magneti Marelli, also inaugurated its first autonomous ‘Production and Development Centre’ at Manesar (Haryana). The centre will serve as a production facility and innovation hub to develop new-generation fuelling systems for HMCL two-wheelers. With the commencement of operations at the Development Centre, HMCL is set to become India’s first two-wheeler manufacturer to have its own EFI Product-line. In the same month, Hero also strengthened its Leadership Team with the appointment of Mr. Ashok Bhasin as the Head of Sales, Marketing & Customer Care function for India.
In the meanwhile, Hero Motocorp Launched its range of products in Colombia, Bangladesh, Nicaragua, Democratic Republic of Congo, Mozambique, Angola and Ethiopia. The company formed a wholly-owned subsidiary in Colombia and commenced construction of a state-of-the-art manufacturing plant in the country, with another facility under construction in Bangladesh.