Hero Electric planning to expand its Global market
The most famous and the most liked Electric two-wheeler manufacturer, the Hero Electric group is planning to enhance themselves and to spread their market globally. The company is proving itself to be very efficient with its products accompanied with new and latest technologies. The Hero group is already experiencing a very good response from its customers in India and is emphasising to enlarge the business in other countries as well like that of the North America and Europe.
The company has always been providing its customers with the quality products. It enables its user to experience a complete package of style and comforts altogether. The annul sales of the company accounts to be 30,000 units of electric two-wheelers and is working towards enhancing the same. The Hero Electric has also been exporting its products to the international market. But the sales of the company in outer countries are not on a high pace and are needed to be increased with some more emphasis on the products.
The enterprise has decided not to indulge themselves in any of the foreign country groups but to stand the international market on their own with their original name. As per the officials statement, the Hero Electric is open for technology advancement through some of the Internationally known firms. The companies export takes place at some parts of the North America and West Europe with small number of distributors. The company is presently emphasising to increase the number of distributors in all the foreign countries with a view to increase their product sales. Also in India, the Hero group is in proceeds to convince the government in order to acquire exemption from the subsidy and VAT on electric vehicles.
As per the staements of the Hero Managing Director, Naveen Munjal, it is enquired that the company is working towards strengthening its presence in the remaining parts of Europe and North America.