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Hero MotoCorp to launch operations in Argentina

Hero MotoCorp anuncia su desembarco en Argentina

Intel ID : 244360
Synopsis

Hero MotoCorp (NSE:HEROMOTOCO), a New Delhi, India-based motorcycle manufacturer,and distributor, announced the launch of its operations in Argentina, reported La Nación on 12 January 2017, citing Hero MotoCorp CEO Pawan Munjal.

Specifically, the company will launch operations in the country with a USD10m of investment in five years and will aim to assemble its motorcycles in the country.

To implement this project, the company signed a partnership with Mazen, an Argentina-based distributor of motorcycles.
(content in spanish)

Hero MotoCorp (NSE:HEROMOTOCO), empresa India dedicada a la fabricación y distribución de motocicletas, ha anunciado su desembarco en Argentina, según ha informado La Nación el 12 de enero de 2017, citando al CEO de Hero MotoCorp, Pawan Munjal.

En concreto, la compañía llegará al país con una inversión de USD10m en cinco años y tendrá como objetivo ensamblar sus motos en el país.

Para implementar este proyecto, la compañía ha firmado una alianza con Marwen, empresa argentina dedicada a la distribución de motocicletas.

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Intel ID 244360
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Industry / Automotive and Recreational Vehicles (Primary)
Primary Sector (TTRSC)
35.02.01 ATVs, Motorcycles & Light Recreational Vehicles
35 Industrials / 35.02 Automotive

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Industry / Automotive and Recreational Vehicles (Primary)
Services and Distribution / Cars, Motorcycles and Other Vehicles
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