Hero fears row over hikes may hit production
Wages of jobs
* Hero MotoCorpís wage costs as a percentage of net sales stood at 3.2% in FY12, against Marutiís 2.3% in the same fiscal
* Hero MotoCorp is the market leader in two-wheelers; unit sales in April-December FY13 were down 2% (4.42 million), FY12 sales were up 15% (6.06 m)
* It has three plants (Dharuhera, Gurgaon and Haridwar) with a combined annual capacity of around 7 million; two more are coming up in Rajasthan and Gujarat, taking capacity to 9-10 million in the next 2-3 years
* Hero bought out Japanese JV partner Honda in 2011 and is now aggressively expanding in global markets with plans for assembly plants in South America and Africa
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