The nation’s largest two-wheeler maker achieved the gross sales mark between the primary day of the Navratras and Bhai Dooj on November 15.
Driving on sturdy demand throughout rural markets in addition to regular retail off-take in key city centres, the corporate registered a 19 per cent progress over the earlier yr, and surpassed its earlier highest retail of 12.7 lakh items which was recorded within the festive interval of 2019, Hero MotoCorp stated in a press release.
“Our robust portfolio of manufacturers, scale of distribution and new launches carried out this yr have helped in driving this progress throughout geographies,” Hero MotoCorp CEO Niranjan Gupta stated.
The festive season is a transparent testimony that rural is coming again to progress, which augurs effectively for the nation usually and the two-wheeler trade specifically, he added.
Hero MotoCorp Chief Enterprise Officer (India Enterprise Unit) Ranjivjit Singh stated the file retail quantity was achieved as a result of robust buyer traction throughout markets, with good double-digit progress within the Central, North, South and East zones.The sturdy buyer demand within the rural markets, along with the very constructive sentiments in key city centres, drove this file retail gross sales, he stated.”With this sturdy retail gross sales, our post-festive channel stock has now come all the way down to its lowest stage in additional than three years. This has set us on a gradual progress path for the remainder of the fiscal yr,” Singh famous.