Hero MotoCorp has announced the hike in the pricing of its product lineup. However, the price hike varies from model to model, on an average every product sees the increase of around INR 500 at an ex-showroom price.
The considered hike in product’s price is based on aspects like increased input costs, commodities, and currency depreciation. Within seven months duration this year, the Gurgaon-based manufacturer has hiked prices two times. Earlier, in January 2018, the company hiked the prices by around INR 400. Calculatingly, the increased share accumulates less than one per cent of product costing.
Applied with an immediate effect, the revised pricing now asks for INR 43,000 for the range starting model the HF Deluxe and goes up to INR 80,700 for the Xtreme Sports. The scooter range which starts with the Pleasure attracts INR Rs 46,100 and goes up to the Maestro Edge, that makes you spend INR Rs 51,300. Mind you, all the prices are applicable at authorized Delhi dealerships.