Two-wheeler maker on Thursday stated it should hike costs of bikes and scooters by as much as Rs 3,000 from July 1 to partially offset the steadily rising total value inflation, together with commodity costs. In a regulatory submitting, the corporate stated, “The precise quantum of enhance shall be topic to the particular mannequin and market”.
The corporate additional stated, “The worth revision has been necessitated to partially offset the steadily rising total value inflation, together with commodity costs”.
Hero MotoCorp sells a variety of fashions, starting from entry-level HF100 with costs beginning at Rs 51,450, whereas Xpulse 200 4V tagged at Rs 1.32 lakh (ex-showroom Delhi).
