The company sold 106,038 units in the domestic market last month, which is a decline of 82.5% compared to 606,216 units sold in the year ago period. Hero also exported 6644 units in the month under review.
The company has re-opened nearly 5000 customer touch-points with strict safety measures in place. These outlets, which contribute 85% of the company’s domestic sales, retailed more than 160,000 units of motorcycles and scooters during the month of May, driven by demand in the semi-urban and rural markets, with BS-VI vehicles witnessing positive customer response.
Hero MotoCorp scaled-up production in a graded manner during the month, after reopening three of its manufacturing facilities on May 4. All six manufacturing facilities of the company in India – at Dharuhera and Gurugram in Haryana, Haridwar in Uttarakhand, Neemrana in Rajasthan, Halol in Gujarat and Chittoor in Andhra Pradesh – have now resumed operations with limited production.
The company’s manufacturing facilities at global locations – one each in Colombia and Bangladesh – restarted production during the month.
Operations have also resumed at the Center of Innovation & Technology (CIT) in Jaipur, Rajasthan, in a graded manner and work on new product development has commenced, with strict safety and hygiene protocols.
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