suggest the decomposition of about a million units every year. However, the low displacement segment also sees improvement though not like the earlier segment. Other than this, a considerable market share of Hero has been captured by Honda with its reliable commuters.
Bringing back Hero’s premium outlet concept, there is a conflict that the new outlets will be company owned or follow the regular franchise model. We expect a mix of both which will handle the sale of premium bikes in metro cities in the first phase.
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However, there are no such official words regarding the matter. However, if go by the publication reports we can witness a promotional campaign and a new brand name for the premium outlets in the coming future. But the significant matter is that Hero will be able to found a place or strengthen its position in the segment. Besides, marking that late entry.