Friday, April 25, 2014


  Hero motorcorp setup a motorbike company for bangladesh

Hero motorcorp (previous name hero honda) indian's largest motorbikes maker is set to  build a manufacturing plant in bangladesh for rising demand in bangladeshi market. Motorcorp invest for this plant totally 40millions dolar in the next five year. Powan monjil managing director of hero motorcorp say's "we are launching the full fladged manufacturing facility country as part of our global expanssion strategy". The company will set up at jasshor near indian bangladeshi border city by 2015 under a joint venture agreement singed with bangladeshi most valuable group of companis Nitol-Niloy at sonargong hotel in dhaka 22 april 2011. Hero motor corp will hold 55percent Niloy hold the rest. Motorbikes will sell under hero band. Honda(japanees company) singed a  agreement with bangladeshi company they not implement their project at the long run.

The plant will have annual production capacity of 1.5 lack unite. The indian Bajaj band with its 45-49% share is the market leader, wolton of bangladeshi band is the second position. Hero motorbikes are import now 18 countries.

We are waiting this motorbikes for low cost.

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