Hero Motocorp records over 27 per cent growth

Hero MotoCorp Ltd (HMCL), the world’s largest two-wheeler manufacturer, today reported its highest-ever sales in the month of November. Hero MotoCorp despatched 536,772 units of two-wheelers in the month of November 2011, registering a growth of 27.4 per cent over the corresponding month in 2010 when the company had sold 421,366 units. Hero MotoCorp Impulse combines style and performance in affordable price which is available in 5 shades, Tar Black, Deep Blue Sea, Terra Rossa, Grassland Green and Canyon Orange. The Hero Motocorp Maestro is expected to hit the roads by early 2012 and it will play a key role in MotoCorp establish its new identity in the Indian households.

 
The cumulative sales of Hero MotoCorp bikes in the period April-November 2011, has now risen to 41,22,902 units, a 19.6 per cent growth over the corresponding period last year (April-November’10) when the company had sold 34,46,602 units. Commenting on November 2011 sales, Mr. Anil Dua, Senior Vice-President (Marketing & Sales), Hero MotoCorp said, “Our sales continue to set new benchmarks in the industry. We have been maintaining five-lakh-plus sales since August 2011, when we had launched our new brand identity. This 27 per cent growth in the post-festive month of November is significant as it comes after our record retail sales in the month of October. We plan to continue with our strategy of regular new launches, continuous network expansion and focused communication.”
 
Dr. Brijmohan Lall, Chairman, Hero MotoCorp, was in November bestowed with the prestigious “Lifetime Achievement Award” by “Enterprise Asia” at the Asia-Pacific Entrepreneurship Awards 2011. The award is instituted by Enterprise Asia, a non-government organization in pursuit of entrepreneurship development across Asia-Pacific region. Hero MotoCorp continues to earn industry laurels for its innovative Information Technology (IT) initiatives. The company was last month awarded the SAP ACE (Achieving Customer Excellence) Award - SAP Special Recognition for Best Adoption of Enterprise Support – by SAP AG for best usage of SAP Software and other tools in the organization. As a recognition of its contribution to Cloud Computing, Hero MotoCorp was also awarded the EMC Cloud Pioneer Award 2011 by EMC Corporation in November.