One of the world’s leading motorcycle manufacturers has chosen Hero group’s transmission division to make an important component of its premium motorcycles is an evidence of the company’s expertise, the company said.
“This definitely is a big leap for us and we are quite excited about this new development,” Hero Group Chairman & Managing Director Pankaj Munjal said.
“With this win, we are not only forging a strong relationship with a global two-wheeler leader but also reaffirming Hero’s proficiency and expertise in specialised manufacturing,” he added.
Leading brands BMW and Harley Davidson already source components from Hero. Almost 80 per cent of the company’s business comes from global players. Hero has invested Rs 150 crore to set up infrastructure.
It also plans to pump in a similar amount to scale up operations for the international market.