Hero Group’s transmission division already manufactures gears for leading motorcycle brands like BMW, Harley Davidson. Almost 80% of the Group’s business is with global market leaders in the motorcycle business.
10 Oct 2016 | 5577 Views | By Autocar Pro News Desk
Hero Motors' transmission division has bagged the pivotal business from Ducati Motorcycle for making gears of its premium bikes.
By winning the gear business for Ducati, Hero Motors has consolidated its domain in the motorcycle component manufacturing business.
Pankaj Munjal, CMD, Hero Group commented, “This definitely is a ...
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Hero Motors' transmission division has bagged the pivotal business from Ducati Motorcycle for making gears of its premium bikes.
By winning the gear business for Ducati, Hero Motors has consolidated its domain in the motorcycle component manufacturing business.
Pankaj Munjal, CMD, Hero Group commented, “This definitely is a big leap for us and we are quite excited about this new development. With this win we are not only forging a strong relationship witha global two wheeler leader but also reaffirming Hero’s proficiency and expertise in specialized manufacturing We look forward to a long term association with our patrons.”
Hero Group’s transmission division already manufactures gears for leading motorcycle brands like BMW, Harley Davidson. Almost 80% of the Group’s business is with global market leaders in the motorcycle business.
“To ensure the highest quality and stand tall even among global competitors, the company has invested Rs 150 crores in setting up world class infrastructure. A similar amount is expected to be pumped in to scale up its operations for the international market,” said the company’s official statement.
Hero Motors is also working to establish its footprint in Europe and has an office in Vienna – Austria which has been operational for over a year. The company is now trying to make a strategic move to establish a joint venture with a European technocrat to have designing, development, prototyping and testing back up and finally mass manufacturing done in India.