With effect from 01 January 2021
Hero MotoCorp announced that there has been a steady rise in commodity costs across the spectrum, including steel, aluminium, plastics, and precious metals. The company has already accelerated its savings programme under the Leap-2 umbrella, and will continue to work on mitigating the impact, with the objective to reduce the burden on the customers and protect our margins.In order to partially offset the impact of the commodity costs, the company will be increasing the prices of its products by upto Rs. 1500, with effect from 01 January 2021. The increase will vary across models, and the exact quantum will be communicated to its dealers in due course.
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