Hero Honda aims to launch bikes in Rs 12,500-15,000 range
May 29th, 2007 Leave a comment Visited 151 times, 1 so far today
Hero Honda aims to launch bikes in Rs 12,500-15,000 range
World’s largest two wheeler manufacturer Hero Honda is facing intense competition in the domestic market from rivals including Bajaj Auto.
The company has now announced their plans to build a motorcycle that will sell for Rs 12,500-15,000. The plan is to create a brand new segment in the Indian motorcycle market to generate more sales.
At the moment, the cheapest motorcycle product in India sells for around Rs. 30,000. Pawan Kant Munjal, the managing director of Hero Honda was quoted as saying to media personals: “We are evaluating the entire scenario and a possible $300-350 vehicle is on our radar. It is in the broad spectrum of our work. Although there is nothing on the drawing board yet, we are seriously looking at it.”
Hero Honda seems to be inspired by the Indian government’s Automotive Mission Plan which would provide the automakers some concessions.
The plan states: “Domestically, the focus should be on developing and selling appropriate products for the large population of the country. The products could include cost-effective small carriers, strong rugged vehicles for the rural market and $300-350 motorcycles.”
Hero Honda also launched their latest bike model named Splendor NXG.
|
TechWhack on Facebook
|

October 1st, 2008 at 5:25 pm
to confirm me hero honda new launching bikes 125cc
October 15th, 2008 at 11:00 pm
i am witting buy new baike
August 24th, 2009 at 1:40 pm
hi im waiting for latest new hero honda bike im excepting 200cc bike.in cbz x-treme i want digital meter. malakpet d colony jacky [vikram dev]
August 24th, 2009 at 1:41 pm
fully modified bike in hero honda
August 24th, 2009 at 1:43 pm
this is the dare to drive hero honda thunder once jai ho hero honda bikes