It’s Official: Hero MotoCorp to Launch 6 New Products by March 2018
Hero MotoCorp recently revealed their plans to launch 6 new products before March 31, 2018. This was the first time when they have officially talked about their launch plans for the country. The statement came from Hero MotoCorp MD and CEO, Mr Pawan Munjal.
They will be investing around INR 2500 Crores in next two years. The statement came from the talk with Times of India and once again reignited the dreams that were buried down in the hearts of Hero fans around the country.
Speaking about the proposed investment, Mr. Munjal said:
This will be spent on new product development, digitisation, phase-wise capacity installation and expansion at its existing facility at Gujarat and upcoming plants at Andhra Pradesh & Bangladesh. With half a dozen new launches slated for FY’18, we will go for aggressive market share gains.
Hero Xtreme 200S | Know More
The growth scale of Hero MotoCorp was just under 1 percent in the last fiscal. The long term growth needs some boost and launching more products will definitely help the brand in this area. The two most expected products from their report include Hero Xtreme 200S and HX250R.
Hero HX250R | Know More
200cc Xtreme is a sure shot upcoming product while the HX250R carries a lot of scope with fans waiting from last few years for the same. It was even once called unofficially as the new replacement for aging Karizma brand. We hope Hero MotoCorp listens to the fans and launches the much-awaited HX250R in India by March 2018.
Key Specifications of Hero HX250R
- Displacement – 249 cc
- Maximum Power – 31 BHP @ 9000 rpm
- Maximum Torque – 23 NM @ 7000 rpm
- No. of Cylinders – 1
- No. of Gears – 6
- Ground Clearance – 145 mm
- Kerb/Wet Weight – 139 kg
- Fuel Tank Capacity – 12.90 litres
- Top Speed – 165 kmph
Hero ZIR 150 | Know More
The other two products are expected from the scooter range. It will include the much awaited ZIR 150 power scooter and 125cc Hero Dare. These two can help Indian scooter market climb new heights with more sales falling into the segment. The last 2 mystery products out of the 6 upcoming 2-wheelers are expected to fall in the highest selling Splendor and Passion series of motorcycles. Hero could pitch something new into this segment in order to regain the depriving sales of commuter products in India.
Hero Dare 125 | Know More