Hero MotoCorp Revs Up Sri Lankan Market with Four New Two-Wheeler Launches

2 min read     Updated on 24 Apr 2025, 06:57 PM
scanxBy ScanX News Team
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Overview

Hero MotoCorp launches four new two-wheeler models in Sri Lanka: Xoom 110, Hunk 160R 4V, Xtreme 125R, and HF Deluxe. Prices range from LKR 577,900 to LKR 909,900. The company plans to increase customer touchpoints to 500 by May 2025. This expansion is part of Hero MotoCorp's strategy to strengthen its presence in the Sri Lankan market, in partnership with distributor Abans Auto.

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*this image is generated using AI for illustrative purposes only.

Hero MotoCorp , the world's largest manufacturer of motorcycles and scooters, is making a significant push into the Sri Lankan market with the launch of four new two-wheeler models. The company, in partnership with its long-standing distributor Abans Auto, is introducing a diverse range of products to cater to various segments of the Sri Lankan market.

New Product Line-up

The new line-up includes:

  1. Xoom 110: A sporty, compact scooter designed for urban commuting. Notably, it's the first and only scooter in the 110cc category in Sri Lanka.
  2. Hunk 160R 4V: A muscular streetfighter motorcycle built for thrill-seekers, now equipped with ABS for enhanced safety.
  3. Xtreme 125R: A new entrant in the 125cc segment, offering a balance of power, performance, and style.
  4. HF Deluxe: A trusted commuter motorcycle, now available in an all-black edition for a bolder road presence.

Pricing and Availability

Hero MotoCorp has announced competitive pricing for its new models:

Model Price (LKR) Availability
Xoom 110 699,900 Immediate
HF Deluxe 577,900 Immediate
Hunk 160R 4V 909,900 Pre-booking Soon
Xtreme 125R 776,900 Pre-booking Soon

The Xoom 110 and HF Deluxe are immediately available at Abans Auto dealerships, while pre-bookings for the Hunk 160R 4V and Xtreme 125R will open soon.

Expanding Presence in Sri Lanka

Hero MotoCorp's expansion strategy in Sri Lanka goes beyond product launches. The company plans to significantly increase its customer touchpoints to 500 by May 2025, ensuring widespread access to sales, service, and genuine spare parts across the country.

Sanjay Bhan, Executive Vice President of Hero MotoCorp, emphasized the strategic importance of Sri Lanka in the company's global plans. He stated, "Our new line-up of cutting-edge motorcycles and feature-rich scooters bring together performance, style, and technology, delivering a world-class riding and ownership experience."

Long-standing Partnership

Hero MotoCorp has been present in Sri Lanka since 2012 through its partnership with Abans Auto. Rusi Pestonjee, Managing Director of Abans Auto (Pvt) Ltd, expressed pride in the strengthened partnership, noting that Hero has become a highly respected name in Sri Lanka over the years.

Looking Ahead

With this expansion, Hero MotoCorp aims to deepen its engagement with Sri Lankan customers and accelerate its growth in the country. The company's focus on providing a diverse range of products, coupled with an extensive sales and service network, positions it well to capture a larger share of the Sri Lankan two-wheeler market.

As Hero MotoCorp continues to expand its global footprint, which currently spans 48 countries across Asia, Africa, and Latin America, this move in Sri Lanka represents another step in its international growth strategy.

Historical Stock Returns for Hero Motocorp

1 Day5 Days1 Month6 Months1 Year5 Years
+0.47%+12.75%+14.90%-8.19%-15.48%+109.86%
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Hero MotoCorp Announces Temporary Production Halt at Four Plants for Maintenance

1 min read     Updated on 17 Apr 2025, 09:25 AM
scanxBy ScanX News Team
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Overview

Hero MotoCorp will temporarily halt production at four manufacturing plants from April 17 to April 19, 2025, for maintenance and facility enhancements. The Dharuhera, Gurugram, Haridwar, and Neemrana plants are affected, while Tirupati and Halol facilities will continue operations. Production will resume on April 21, 2025. The company assures that this pause won't impact its ability to meet market demand, and any production deferment will be recovered in the following month.

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*this image is generated using AI for illustrative purposes only.

Hero MotoCorp , India's leading two-wheeler manufacturer, has announced a brief pause in production at four of its manufacturing facilities. The company plans to use this time for maintenance and facility enhancements, assuring that the temporary halt will not affect its ability to meet market demand.

Production Pause Details

  • Duration: April 17 to April 19, 2025
  • Affected Plants: Dharuhera, Gurugram, Haridwar, and Neemrana
  • Resumption Date: April 21, 2025

Reasons and Impact

Hero MotoCorp cited a short-term supply alignment as the primary reason for this planned production pause. The company is taking this opportunity to conduct maintenance, upkeep, and facility enhancements to strengthen its operations further.

Continued Operations

It's worth noting that not all of Hero MotoCorp's facilities will be affected by this temporary halt:

  • The Tirupati and Halol plants will continue to operate during this period.
  • The company assures that this pause will not impact its ability to meet retail demand across both domestic and international markets.

Recovery Plan

Hero MotoCorp has stated that any production deferment resulting from this temporary halt will be efficiently recovered in the following month. This proactive approach demonstrates the company's commitment to maintaining its production targets while also ensuring the optimal condition of its manufacturing facilities.

Investor Communication

In line with its commitment to transparency, Hero MotoCorp has promptly communicated this development to the National Stock Exchange of India Ltd. and BSE Limited. The company's proactive disclosure aims to keep stakeholders informed about its operational decisions and their potential impact.

Conclusion

This temporary production pause highlights Hero MotoCorp's focus on operational excellence and long-term efficiency. By taking this short-term measure, the company aims to enhance its manufacturing capabilities, potentially leading to improved productivity and quality in the future.

Historical Stock Returns for Hero Motocorp

1 Day5 Days1 Month6 Months1 Year5 Years
+0.47%+12.75%+14.90%-8.19%-15.48%+109.86%
Hero Motocorp
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