Hero MotoCorp surpasses 100 mn cumulative production milestone

New Delhi, Jan 21 : Two-wheeler major Hero MotoCorp has surpassed the significant milestone of 100 million (10 crore) units in cumulative production.

The 100 millionth bike, the Xtreme 160R, was rolled-out of the Companys manufacturing facility in Uttarakhands Haridwar.

This is the 20th consecutive year that Hero MotoCorp has retained the title of the worlds largest manufacturer of two-wheelers.According to the two-wheeler major, this is one of the fastest global achievements of the 100 million cumulative production mark, with the last 50 million units coming in a span of just seven years.

"This significant landmark is also an affirmation of the inherent capabilities in India and Heros Brand appeal.We have been making in India, for the world - and this milestone is an acknowledgment of the customers preference for Hero across geographies, demographics and generations," said Pawan Munjal, Chairman & CEO, Hero MotoCorp.

"We are going to continue to ride our growth journey.In keeping with our vision to Be the Future of Mobility, we will be launching a host of new motorcycles & scooters over the next five years, in addition to expanding our global footprint.

We will also continue to invest in R&D and focus on new mobility solutions."Besides, Munjal outlined Hero MotoCorps plans and vision for the next five years.

As part of the next five-year plan, Hero MotoCorp will introduce over 10 products - including variants, refreshes and upgrades - every year.In addition, the company will continue to grow its operations in markets outside India and also enter new geographies.