The biggest two wheeler manufacturer of the nation, Hero MotoCorp, who is still going strong after the split up with the long time partner, Honda, has now set themselves a target to sell 7 million units this year.
In order to achieve the target the company has up its production capacity to 800 units an hour which is production capacity of the 7 million units a year. The company has also asked its dealer to up the capacity for the financial year 2012-13. The company has sold 6.2 million units worldwide in the last financial year.
The biggest competition now the company facing is from their previous partner, Honda . HMSI is been reporting amazing sales reports every month which obviously underlines the fact that the HMSI will surely become a bigger threat in the near future.
Hero Motocorp has registered 15% growth in the last financial year in the market of 13.43 million units. This year the market is expected to be about 15 million units with the growth of 11-13%.
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