Hero MotoCorp plans separate retail channel to market premium bikes | Business Standard News

1. Hero MotoCorp plans separate retail channel to market premium bikes India's biggest Two Wheeler bike producer Hero MotoCorp today said it is attempting to turn out with a different retail channel to offer its exceptional items (150 cc or more). The organization right now offers its bread and margarine worker bicycles, including Splendor, HF Deluxe and Glamor, from more than 6,000 dealerships in India alongside its execution bicycles together in similar showrooms. "As we go ahead, we will have more items in the top notch fragment with higher motor limit. Unmistakably, a client for 100 cc is altogether different from a client for a top notch bicycle," Hero MotoCorp Chairman MD and CEO Pawan Munjal told PTI here on the sidelines of EICMA 2017. He additionally stated, "So we considering a retail procedure with which will have the capacity to benefit that sort of (premium) clients." At the point when gotten some information about the quantity of premium items the organization is probably going to present, Munjal stated: "General we intend to dispatch about six items amid the current monetary and premium models would be part on the off chance that it." Going ahead there will be further dispatches in the premium and additionally bike models, he included. "XPulse (idea) that we demonstrated today is in that (exceptional) portion. There are different items that are a work in progress as of now," Munjal said. The organization would dispatch more models more than 150 cc, including bicycles and bikes, to reinforce its exceptional item run, he included. At the point when gotten some information about how the Hero portfolio would look 2- 3 years down the line, Munjal stated, "Going ahead obviously, on the grounds that there is huge development in bikes, development in premium section Click Here To Know More - Hero Bikes