 "Hero MotoCorp aims for more rides with start-ups: Rajat Bhargava")
Having clocked double-digit volume growth last year, two-wheeler major Hero MotoCorp is expanding focus in its international operations. With the spike in crude oil prices and recovery in value of local currencies, many overseas two-wheeler markets are seeing an increase in demand. The global business had registered a volume decline of 14 per cent during FY17.
In FY18, the company sold a total of 204,484 two-wheelers in overseas markets, growing 12 per cent over the previous year. Hero’s growth in global sales in FY18 is also a reflection of the gradually improving economies in several markets around the world.
“The
