Hero MotoCorp makes Bangladesh debut

[godofwar]

Launches eleven models to kickstart its entry into the Bangladeshi market

Hero Splendor iSmart.
Hero MotoCorp Ltd (HMCL) today entered the Bangladesh market with eleven models, in a bid to extend its global footprint to fifty countries by 2020. Hero Moto Corp has joined hands with Nitol Niloy Group to enter the Bangladeshi market.

Entry into Bangladesh marks Hero’s first overseas joint venture and its first manufacturing plant outside India. The manufacturing plant will be operational by the second quarter of financial year 2016. With an annual capacity of manufacturing 150,000 units, Hero MotorCorp aims to target twenty percent market share in Bangladesh in its first year of operation. Pawan Munjal, MD & CEO, Hero MotoCorp, inaugurated the first Hero showroom in Dhaka.

Hero MotoCorp marked its entry in Bangladesh by launching ten motorcycles and a scooter in the country. These include its 100cc HF Dawn and HF Deluxe, Splendor Plus, Splendor Pro, Splendor iSmart, Passion Pro, the 125cc Super Splendor and Glamour, the 150cc Xtreme and Hunk including the 100cc scooter Pleasure. These models will be available with a five year warranty and will go on sale via the initial 50 retail outlets.

Hero will hold a majority stake of fifty five percent in the joint venture with Nitol Niloy Group, while the latter will hold the other forty five percent. The JV will inject total equity of Rs 76.02 crores in a ratio of 55:45 over a period of two years.

Hero MotoCorp makes Bangladesh debut - News - Autocar India Mobile Edition

Good going India Inc.
Congress wants to kill Indian companies by giving reservations in private companies.

 

[BDforever]

Launches eleven models to kickstart its entry into the Bangladeshi market

Hero Splendor iSmart.
Hero MotoCorp Ltd (HMCL) today entered the Bangladesh market with eleven models, in a bid to extend its global footprint to fifty countries by 2020. Hero Moto Corp has joined hands with Nitol Niloy Group to enter the Bangladeshi market.

Entry into Bangladesh marks Hero’s first overseas joint venture and its first manufacturing plant outside India. The manufacturing plant will be operational by the second quarter of financial year 2016. With an annual capacity of manufacturing 150,000 units, Hero MotorCorp aims to target twenty percent market share in Bangladesh in its first year of operation. Pawan Munjal, MD & CEO, Hero MotoCorp, inaugurated the first Hero showroom in Dhaka.

Hero MotoCorp marked its entry in Bangladesh by launching ten motorcycles and a scooter in the country. These include its 100cc HF Dawn and HF Deluxe, Splendor Plus, Splendor Pro, Splendor iSmart, Passion Pro, the 125cc Super Splendor and Glamour, the 150cc Xtreme and Hunk including the 100cc scooter Pleasure. These models will be available with a five year warranty and will go on sale via the initial 50 retail outlets.

Hero will hold a majority stake of fifty five percent in the joint venture with Nitol Niloy Group, while the latter will hold the other forty five percent. The JV will inject total equity of Rs 76.02 crores in a ratio of 55:45 over a period of two years.

Hero MotoCorp makes Bangladesh debut - News - Autocar India Mobile Edition

Good going India Inc.
Congress wants to kill Indian companies by giving reservations in private companies.

 

[Dem!god]

good news....gr8...
we need to control BD water air land and business....
@BDforever what u say mate......isn't this great news...

 

[godofwar]

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Post reported for trolling

 

[Abhishek_]

good for Hero and BD consumers. more competition is better for all.

 

[BDforever]

good for Hero and BD consumers. more competition is better for all.

that.. boo........................ ! !

good news....gr8...
we need to control BD water air land and business....
@BDforever what u say mate......isn't this great news...

 

[livingdead]

View attachment 25701

has not your injury healed yet?

 

[danish_vij]

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bawaseer hai kya
here take ur medicines

 

[Skull and Bones]

Time to destroy their indigenous motor industries.

 

[jarves]

Time to destroy their indigenous motor industries.

There is nothing to be destroyed.

 

[third eye]

View attachment 25701

I think this applies here ..

 

[nair]

Whats the big deal.... Bajaj and TVS is already present in that market, now Hero is entering export market.

Bajaj exports more than 50k and TVS export more than 20K vehicles every month. Srilanka, Bangladesh is a big market for them.... After separating with Honda Hero can enter to all these markets...

 

[Dandpatta]

View attachment 25701

Constipation is not good for you !

 

[TheJewverine]

good for Hero and BD consumers. more competition is better for all.

I want to slap whoever took the picture in your avatar. Less aiming of the camera at the butterface, more aiming at those magnificent mammaries.

.

 

[damiendehorn]

There is nothing to be destroyed.

Before opening that big mouth, try to learn some thing...The marketing strategy of two wheeler products in bangladesh

There are already over a dozen players in the market, Runners and Walton (both Bangladeshi's) are the current market leaders. Hero are just joining a list that includes bajaj and tvs from India and manufacturers from Korea, China and Japan.