Hero MotoCorp sets up R&D centre in Germany
Two-wheeler major Hero MotoCorp Wednesday announced setting up of its first research and development (R&D) center near Munich in Germany.
A wholly-owned subsidiary of Hero MotoCorp Ltd, Hero Tech Center Germany GmbH, is located at Stephanskirchen near Munich.
It will operate in tandem with Hero's Global R&D hub, the Center of Innovation and Technology (CIT) in Jaipur, the company said in a statement.
"Setting up of the Hero Tech Center Germany is a realisation of our aspiration to build an R&D ecosystem that is spread across global geographies,"Hero MotoCorp chairman Pawan Munjal said.
He added that the center in Germany will be a source of modern technologies with a focus on the global cust...