InvestorQ : Is Hero Moto planning to separate its international export business?
rhea Babu made post

Is Hero Moto planning to separate its international export business?

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Riya Dwivedi answered.
8 months ago
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With Bajaj Auto boost profits through export of two-wheelers, it looks like Hero Moto may also apply a similar strategy. Towards this end, Hero Moto plans to create a separate business vertical for Overseas Business Expansion. Hero Moto is looking to increase exports of its premium motorcycles.

The Overseas Business Expansion division will focus on exporting two-wheelers to the most advanced two-wheeler markets of the world. Both Bajaj Auto and TVS Motors successfully established India as a base for exports. Both Bajaj and TVS export over 100,000 pieces per month. Apart from Hero Moto, even Enfield is look to leverage the PLI scheme to make India its motorcycle export hub.

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