Hero MotoCorp on Monday said it will set up a facility for assembling products in Nepal in partnership with CG Motors, its newly appointed distributor in the country.
The facility will be located in Nawalpur district and have a capacity of 75,000 units per annum, the country's largest two-wheeler
Hero MotoCorp announced its plans to establish an assembly facility in Nepal through a collaboration with CG Motors, the newly appointed distributor, CG Motors, in the region. The facility, situated in the Nawalpur district, is projected to have an annual capacity of 75,000 units, according to a statement from the country's leading two-wheeler manufacturer.
Hero Motocorp Plant In Nepal: "With their vast expertise and diversified business knowledge, Chaudhary Group (CG) will provide an enormous fillip to our operations here," Hero MotoCorp Head-Global Business Sanjay Bhan said. In the near future, the company plans to further strengthen its operations across the country and introduce a slew of new products that will excite the market, he added.
As part of the agreement, Gilera Motors will be the exclusive distributor for the sale and service of Hero MotoCorp motorcycles and scooters in Argentina.