Hero MotoCorp sees 30% sales growth to 6 lakh plus units

Written by fe Bureau | New Delhi | Updated: Oct 1 2014, 05:50am hrs
In a sign of strong demand expected this festive season, the countrys largest two-wheeler maker Hero MotoCorp said on Tuesday that wholesales growth, or despatches to dealers, has already jumped 30% in September to over 6 lakh units, as compared to 4.68 lakh units in the same month last year.

As despatches will continue till midnight of today, (Tuesday, September 30th), the final tally for the month is expected to be much higher. The company has also clocked over 1.7 lakh units in retail sales during the first six days (25th Sep14 30th Sep14) of Navratri a growth of more than 15% over the corresponding period last year - thus setting the momentum for the coming festivities during Dusserha and Diwali, an official statement said.

Hero had last crossed the figure of 6-lakh plus in monthly sales in only two previous occasions in October 2013 when it sold 6.25 lakh units and in May 2014 when it sold 6.02 lakh units of two-wheelers.

Incidentally, the company has also lined-up over 10 new product launches, including refreshes and variants, which will reach all dealerships across the country during the festival season.