Mr. Pawan Munjal, Managing Director and Chief Executive Officer, Hero MotoCorp
Hero MotoCorp has become the first Indian two-wheeler company to reach the historic milestone of 50 million units production, and on this occasion the manufacturer has made some big announcements. Over the past two years, Hero MotoCorp had been working hard to build a foundation to realize our aspirations of a New Hero. Now the new Hero will operate at a scale never seen before – footprints in 50 countries with 20 manufacturing facilities across the globe and 100 million cumulative two-wheelers sold by 2020.
In the short term, Hero MotoCorp will launch Brand Hero in 10 more international markets by the end of this year. And by next year, the company will have six assembly facilities spread across three continents.
Work is underway on a state-of-the-art Global Parts Centre (GPC) at Neemrana in Rajasthan – the largest of its kind in India that will give our large network of dealers an unmatched edge in the market.
For customers, Hero MotoCorp has also lined-up 12 new products of variants and upgrades during the course of this financial year.
Through our project titled ‘Leap 20’, the company is bringing very high levels of innovation across our supply chain, and partnering with our suppliers to drive significant improvements in our cost structure, even as we raise the bar even higher on product quality and reliability.
Also see – Hero Motocorp to launch 2 new motorcycles and a scooter by end-2013
