Hero MotoCorp’s domestic sales for April 2024 grew 33% with 513,296 units compared to 386,184 units in the same period last year.
The volume growth in the month of April highlights the company’s sales trend, especially in the 125cc and 400+cc segments. The Xtreme 125R is witnessing a strong pull across the country and the company is swiftly ramping-up supplies to ensure smooth deliveries, the company said in a media release.
Hero MotoCorp has commenced the deliveries of their flagship product – the Mavrick 440 - across the country. Dr. Pawan Munjal, Executive Chairman, handed over the motorcycle to the first few lucky customers at different locations in Delhi NCR. The initial customer response for the Mavrick 440 has been positive and the rapidly increasing presence of Hero 2.0 and Premia outlets is ensuring greater accessibility across the country. During the month, the company along with its authorized distributor CG Motors, inaugurated a product assembly facility in Nepal.
The facility will have a capacity of 75,000 units per annum and will bring new investments and create job opportunities in the region. CG Motors will be rapidly expanding the sales and service network across Nepal to cater to the growing customer base.
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