Country's largest two-wheeler maker Hero MotoCorp plans to launch 15 new products in domestic as well as international markets this fiscal, a top company official said today.
“We will have 15 new launches across segments in our domestic and global markets this fiscal, out of which three motorcycles will be introduced in the domestic market before the festive season," Hero MotoCorp Chairman, MD and CEO Pawan Munjal said in a statement.
The new launches include the new Achiever 150 motorcycle, Super Splendor and Passion PRO with the Hero patented i3S technology, he added.
Commenting on new manufacturing units, Munjal said that its upcoming plant in Gujarat will become operational in the third quarter of this fiscal.
"While the Bangladesh plant, our second manufacturing facility at a global location after Colombia, will begin operations in the fourth quarter of this fiscal," he added.
Updating on international operations, he said the company has appointed a distributor in Argentina and plans to launch Brand Hero in that market in January, 2017.
"In Nigeria, we are going to start sales very soon," he added.