Published On:April 22 2024
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Hero MotoCorp Launches Assembly Facility in Nepal with 75,000-Unit Capacity

Hero MotoCorp, a leading two-wheeler manufacturer, announced the opening of a new assembly facility in Nepal in partnership with its distributor, CG Motors. The facility, located at the CG Industrial Park in Nawalparasi, has an annual capacity of 75,000 units and is expected to bring new investments and job opportunities to the region, according to a company statement.

The assembly facility will focus on four key products for the Nepalese market: the Xpulse 200 4V, Super Splendor, Splendor+, and the Xoom 110 scooter. These products, which have been launched in Nepal, will now be assembled locally, enabling Hero MotoCorp to provide faster and more efficient service to its customers in the country.

"This is an exciting development for us, CG Motors, and for Nepal," said Sanjay Bhan, Chief Business Officer of Hero MotoCorp's Global Business Unit. "The state-of-the-art assembly unit will ensure that our world-class products will now be made in Nepal and available to customers across the country." He added that the rapid expansion of the sales and service network will help establish a strong market presence.

CG Motors, part of the Chaudhary Group, plans to rapidly expand its sales and service network across Nepal to meet the growing customer demand. "Hero MotoCorp's world-class expertise in manufacturing and business processes will be highly beneficial for us to scale up operations," said Nirvana Chaudhary, Managing Director of the Chaudhary Group. "We look forward to building a robust market presence across the country."

Hero MotoCorp entered the Nepalese market in 2014, while the Chaudhary Group is a leading business conglomerate in Nepal, with a network of over 160 companies and 123 brands worldwide. The new assembly facility represents a significant step in Hero MotoCorp's expansion strategy in the region, reinforcing the company's commitment to providing high-quality products and services to its customers.

BS





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