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The leading two-wheeler manufacturer, Hero MotoCorp Ltd has reported the 14 hike in sales in the March month this year. The company registers the sale of 606,542 units in March this year with a hike of 14 percent as compared to the 531,750 sold units in same month last year. Altogether the firm also shares the comparative data of financial year 2015-16 which clocks 6,632,322 units sold in contrast to the 6,631,826 sold units of financial year 2014-15.
On to this success stream, The automaker expanded its global footprints to 30 countries and also started a new centre of innovation and technology in the capital city of Rajasthan. The great demand of prominent product range-Splendor and Passion, as usual helped the bike maker in increasing sales figure along with growing market of upgraded Maestro Edge and the new Hero Duel in the scooter segment.
See Also: Hero MotoCorp Inaugurates Research and Development Facility in Jaipur
Hero MotoCorp’s chairman and managing director and CEO Pawan Munjal expressed with reporting March month sales, “Closing the financial year 2015-16 with augmented leadership at home and expanded global footprint – five years since we commenced our solo journey - is a matter of immense pride and satisfaction for all of us at Hero MotoCorp. In the past five years, we have consolidated our leadership in the face of a volatile market and intense competitive environment, even as Brand Hero has become globally known, with presence in about 30 countries across Asia, Africa and Central & South America,"
Mr. Pawan Munjal, further added, "FY'16 has also been a landmark year. We launched our first in-house developed products and commissioned our first overseas manufacturing facility began operations at our centre of innovation and technology at Jaipur. "
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