Hero MotoCorp to increase prices by up to Rs 2,500 from April 1

Hero MotoCorp on Tuesday said it will increase ex-showroom prices of motorcycles and scooters from next month, citing the impact of increased commodity costs. 

"Will make an upward revision in the ex-showroom prices of its motorcycles and scooters, with effect from April 1, 2021," the company said in an exchange filing. 

The price increase across the range of two-wheelers will be up to Rs 2,500, and the exact quantum of the increase will vary on the basis of the model and the specific market. 

"The price hike has been necessitated to partially offset the impact of increased commodity costs," it