Hero Motocorp Sold 75 Lakh Motorcycles and Scooters in 2017-18
India's largest two-wheeler company Hero MotoCorp has crossed the 75 lakh units sales mark in 2017-18 fiscal year. The automobile company has sold 66.6 lakh bikes and scooters in 2016-17, becoming the first company to achieve such milestone globally.
As per the press release, the automobile maker is now targeting 1 crore unit sales by the year 2020.
On March 28, three days ahead of the close of the current financial year 2017-18, the company has surpassed 75 lakh unit sales mark. In order to achieve sales targets, the company has lined up a slew of new launches in the next fiscal to consolidate its market leadership.
The company continues to hold more than 50 percent market share in the motorcycle segment.
"We plan to launch four new products in the financial year 2018-19 in th...