MUMBAI (Reuters) - Hero MotoCorp Ltd , India's largest motorcycle maker, plans to launch 12 variants or upgrades in the current financial year ending March 2014 and would also expand in 10 more international markets.
Hero aims to double its vehicle sales to 100 million by 2020. It also plans to have 20 manufacturing plants worldwide by that year, the company said in a statement on Thursday.
Since splitting from partner Honda Motor Co in 2011, Hero has been forced to invest heavily into export operations and technology tieups, even as domestic vehicle sales have remained subdued.
(Reporting by Prashant Mehra; Editing by Prateek Chatterjee)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
