Hero Honda to finalise new plant in 30 days

Hero Honda to finalise new plant in 30 daysThe Indian market leader in the Indian two-wheeler segment and world’s largest two-wheeler producer for the nine consecutive years, Hero Honda has recently said that the company will finalise on its new plant within a span of 30 days. Senior Vice President Anil Dua confirmed the development by saying that it will take a month’s time for the company to finalise the location of the plant.

For the uninitiated, the company is planning to come up with a new unit for the production of its two-wheelers in the Indian market as it almost touching full capacity.

Moreover, it is to be mentioned here that Dual also pointed out the fact that the company expects to cross sales of 5 million vehicles in the current financial year.

Hero Honda has been an undisputed market leader in the domestic circuit for the past many years now. Its Splendor and Passion that offers high mileage are the kings of the rural India.

In fact, the company one of the most extensive rural networks in the Indian market and currently banks close to 40% of its total sales from the rural parts of the country.