Hero MotoCorp strengthens its operations in Nigeria
The world’s largest manufacturer of motorcycles & scooters, Hero MotoCorp announced its reinvigorated strategy for the Nigerian market. Moving further to strengthen its robust market presence, the company launched a new motorcycle, especially for the Nigerian market.
Kewalram Chanrai Group is the exclusive distributor of Hero MotoCorp in Nigeria for several years. Hero MotoCorp, along with Kewalram Chanrai Group, is planning to aggressively grow its presence in Nigeria as the demand for great quality products at affordable prices is continuously on the rise.
'Hunter', which is an ‘unstoppable machine’, is equipped with modern technology coupled with the best mileage, longer engine life, and a comfortable long seat. The vehicle is now available across Nigeria, at an attractive introductory price of Naira 2,67,000 (local currency of Nigeria). The company is also planning to have 35 outlets, spread across 20 towns in Nigeria and will have a pan-country presence via dealers & parts distributors. It will also have an extensive network of more than 5,000 trained technicians across Nigeria, which will ensure easy access to service & parts for all customers.
At the close of the markets on Monday, the share price of Hero MotoCorp Limited was trading 0.10 per cent higher at Rs 3,051.50 on BSE.
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