hero motocorp: We want to build a premium portfolio; in entry and deluxe segments, it will be more about refreshes: Hero MotoCorp CEO
"If you look up any segment, if the segment is dull and there is no excitement, the segment starts to stagnate. Therefore, the more the merrier. People will compete against each other to provide better value to the customer and the customers will have a good time getting the most innovative products in their hands and it augurs well for the two wheeler industry."
Source: indiatimes.com