Press Release21 Apr 2024, 10:00 pm
Hero MotoCorp Bolsters Presence in Nepal: Inaugurates Assembly Facility with Partner CG Motors, to Produce 75,000 Units Annually
AI Summary
Hero MotoCorp, the world's largest motorcycle and scooter manufacturer, in collaboration with its partner CG Motors, has announced business expansion plans and inaugurated a new assembly facility in Nepal. The facility, located in CG Industrial Park in Nawalparasi, has a capacity of 75,000 units per annum and will create new jobs in the region. Four popular Hero MotoCorp products – Xpulse 200 4V, Super Splendor, Splendor+, and Xoom 110 – will be assembled locally. CG Motors plans to rapidly expand its sales and service network across Nepal to cater to the growing customer base.
Key Highlights
- Hero MotoCorp and CG Motors announce business expansion plans in Nepal
- New assembly facility in Nawalparasi, Nepal, to have a capacity of 75,000 units per annum
- Four Hero MotoCorp products – Xpulse 200 4V, Super Splendor, Splendor+, and Xoom 110 – to be assembled locally
- CG Motors aims to expand sales and service network across Nepal