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Saturday, 3 September 2011

5 percent of global bicycle market to be shared by 2015 targets Hero motors

Hero_motors
Recently when the name has opened the brand and logo and has raised the MotoCorp hero group hero to a maximum, it has been reported that the diversification of the business entity Hero Motors is now the target of doubling the size of your business in 2015, aiming for 5 percent of the total market cycles in the world then.

The reports referred to Hero Motors Managing director Pankaj Munjal saying “Currently we make 19,000 cycles every day, which means 5.5 million each year. By 2015, we want to double the business representing 5 percent of the market global Bicycle. "By 2015, the world market cycle is expected to be USD 77.7 billion, he added.”In the last three years we have invested Rs 600 million rupees in our business," said Munjal.Vcommindia News

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