Hero MotoCorp Ltd, the world’s largest two-wheeler manufacturer sold 485,889 units of motorcycles and scooters in January 2021.
On January 21, 2021 the company also surpassed the significant milestone of 100 Million (10 Crores) units in cumulative production. The 100 millionth motorcycle, the Xtreme 160R, was rolled-out of the Company’s manufacturing facility in Haridwar, in the northern Indian hill state of Uttarakhand.
To mark the occasion, Hero MotoCorp also introduced six celebration edition models. These include four motorcycles – Splendor+, Xtreme 160R, Passion Pro and Glamour and two scooters – Destini 125 & Maestro Edge 110. These will go on sale from February 2021.
In the month of January, Hero MotoCorp entered into a distribution agreement with Grupo Salinas, founded by Mexican entrepreneur Ricardo Salinas. Following the agreement, the two Companies have come together to form one of the largest distribution networks globally to sell competitive, high-quality products in the large Mexican market. Hero MotoCorp will launch nine products across various segments.
| Jan’21 | Jan’20 | YTD FY’21 | YTD FY’20 | |
| Motorcycles | 449,037 | 494,432 | 4,345,126 | 5,205,198 |
| Scooters | 36,852 | 7,190 | 363,988 | 371,632 |
| Total | 485,889 | 501,622 | 4,709,114 | 5,576,830 |
| Domestic | 467,776 | 488,069 | 4,571,157 | 5,434,577 |
| Exports | 18,113 | 13,553 | 137,957 | 142,253 |
About Author
