Hero MotoCorp registers growth of 17%
DSIJ Intelligence / 02 Aug 2017
Hero MotoCorp, the world’s largest two-wheeler manufacturer for 16 consecutive years, on Tuesday reported its monthly sales data for the month of July 2017.
Hero MotoCorp, the world’s largest two-wheeler manufacturer for 16 consecutive years, on Tuesday reported its monthly sales data for the month of July 2017.
The company commenced the second quarter of the fiscal with a robust 6,00,000 lakh-plus sales for the month of July, despite sluggish sales for the first few days of the month due to the transition to GST.
The company sold 6,23,260 units of two-wheelers in July 2017, registering a healthy growth of 17.1% over the corresponding month of the previous fiscal July 2016 when the company sold 5,32,113 units.
This is the third consecutive month of 6,00,000 lakh-plus sales for the market leader in this fiscal, having clocked 6,24,185 units in June and 6,33,884 units in May.
The company is confident of carrying forward this growth momentum into the upcoming festive season.
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