By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
BeFirsTrankBeFirsTrank
  • Home
  • Car Reviews
  • Auto Shows
  • Bike Reviews
  • Future
  • New Car
  • Used Car
  • Contact Us !
Reading: Hero Motocorp aims to become ‘future of mobility’, invests ₹10,000 crore in R&D
Share
Aa
Aa
BeFirsTrankBeFirsTrank
  • Home
  • Car Reviews
  • Auto Shows
  • Bike Reviews
  • Future
  • New Car
  • Used Car
  • Contact Us !
Search
  • Home
  • Car Reviews
  • Auto Shows
  • Bike Reviews
  • Future
  • New Car
  • Used Car
  • Contact Us !
Have an existing account? Sign In
Follow US
© 2023 BeFirsTrank News Network
Future

Hero Motocorp aims to become ‘future of mobility’, invests ₹10,000 crore in R&D

Loknath Das
Last updated: 2020/02/18 at 10:03 AM
By Loknath Das 1 Min Read
Share
SHARE

Hero Motocorp has been the world's largest two wheeler company by units volume for the last 19 years. Photo: Bloomberg

Jaipur: Hero Motocorp will invest ₹10,000 crore in research and development (R&D) in the next 5-7 years, Pawan Munjal, Chairman and Managing Director said on Tuesday.

Munjal also announced the new vision and mission of Hero Motocorp called ‘ Be the future of mobility’.

Speaking at Hero World 2020 at the company’s Centre for Inovation and Technology, Munjal said the ₹10,000 crore investment in R&D will be to focus on alternate mobility situations, sustainable development and brand building across the globe.

Hero Motocorp also announced the launch of three new products in the mainstream and premium segments.

Munjal said that Hero Motocorp has been the world’s largest two wheeler company by units volume for the last 19 years.

Hero is now exporting to 40 countries compared to only 4 in 2011. Munjal recalled the journey of Hero Motocorp as a solo player from 2011, which he said was a ‘Young company with a rich legacy’.

The new manufacturing facility in Andhra Pradesh will start commencement of operations this year.

[“source=livemint”]

You Might Also Like

Fatherhood, marriage, and Longevity in the

India is at the forefront of the digital revolution

How the future will be altered by artificial intelligence

Cybersecurity audit: what it is and why you need one?

Personalized advertising fuels growth and drives competitiveness for European businesses

TAGGED: 000, Aims, become, Crore, Future, Hero, in, Invests, Mobility, MotoCorp, of, R&D, to, ₹10
Loknath Das February 18, 2020
Share
Previous Article Exclusive: Coverfox future uncertain, CTO and CEO resign
Next Article Dubai banking major, Dubizzle aim to simplify used car buying

Calendar

September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    

Latest Trending News

  • How Google’s AI can help transform health professions education September 3, 2025
  • Your Ebike Battery is Draining Too Quickly? Six Reasons August 29, 2025
  • Test of Turbo Petrol-Powered Automobiles: Actual City and Highway Fuel August 26, 2025
  • Buying a Used VW Car in Albuquerque? Here’s What to Know August 21, 2025
  • What to Do If the Trunk of Your Nissan Won’t Open August 20, 2025
  • Fatherhood, marriage, and Longevity in the August 14, 2025
  • Style, Luxury, and Innovation in a New Car Coming in 2024 August 13, 2025

© 2023 Befirstrank News Network. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?