Hero MotoCorp: The price of Hero MotoCorp‘s bikes and scooters would increase starting on July 3, 2023, the firm stated. Hero MotoCorp is India’s leading two-wheeler manufacturer. Depending on the models and markets, certain Hero items will cost up to 1.5% more, with the actual amount changing.
Hero MotoCorp Price Hike
According to an official statement, “The upward revision of the prices of motorcycles and scooters is part of the price review that the company undertakes from time to time, keeping in mind various factors like price positioning, input costs and business imperatives.”
Hero MotoCorp claims that the firm periodically reviews its prices and that this includes raising the price of two-wheelers.
“The onset of monsoon in most parts of the country and overall economic indicators bode well for a growth in demand, and industry volumes are expected to pick up, leading into the upcoming festive season,” it added.
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