Hero Motocorp in collaboration with CG Motors in the market: Announcing an aggressive business plan, assembly in Nepal

Hero Motocorp in collaboration with CG Motors in the market: Announcing an aggressive business plan, assembly in Nepal

• By Krishna Shrestha
• 2024-04-22 09:39:55

Hero Motocorp, one of the world's largest motorcycle and scooter manufacturers, has announced an aggressive business plan in the Nepali market.
Hero Motocorp has announced an aggressive business plan in collaboration with the official distributor CG Motors for Nepal. CG Motors has announced that it has inaugurated its assembly plant in Nepal by holding a ceremony on Sunday. Also, Hero MotoCorp launched four of its globally popular products - Xpulse 200 4V, Super Splendor, Splendor+ motorcycle and xoom 110 scooter.

The company said that the four products will be assembled locally at the state-of-the-art assembly facility located at the CG Industrial Park in Nawalparasi.
The capacity of the plant will be 75 thousand units per year and it will bring new investment and create job opportunities in Nawalparasi area. CG Motors is rapidly expanding its network of sales and service centers across Nepal keeping in mind the increasing number of customers.

Commenting on the collaboration, Sanjay Bhan, Chief Business Officer, Global Business Unit, Hero MotoCorp said, “With innovation and technology as its core mantra, Hero MotoCorp is committed to providing world-class products and experiences to its customers across the globe. This collaboration is an exciting moment for Hero Motocorp, CG Motors and Nepal. This state-of-the-art assembly unit will ensure that our world-class products are now manufactured in Nepal and are easily available to customers across the country. Rapid expansion of sales and service network enables us to connect the market with our world class products and services. Our new focus in Nepal along with our partner CG Motors reflects our commitment to Nepal, which is a very important market for us.”

Likewise, Chaudhary Group Managing Director Nirwan Chaudhary said, “This is a very special moment for CG Motors and we are excited to inaugurate the assembly facility and launch these new products. Hero MotoCorp's world-class manufacturing and business process capabilities will be of great benefit to us in expanding our network. We will now look forward to building a strong market presence across the country.”

The new assembly facility is located in the central part of Nepal, which ensures that the products are quickly available across the country, he said. Also, the rapid expansion of the sales and service network will ensure that all customer needs are addressed seamlessly, the company said. CG Motors has already opened a showroom in Kathmandu and within the next three months, CG Motors will open more than 100 sales and service outlets.

Hero Motokarsh entered the Nepali market in 2014. Over the years, it has established itself as the leading motorcycle brand in the country with the most preferred and iconic products like Super Splendor and Xpulse 200 motorcycles. Nepal is a major market for the company in Asia.

Chaudhary Group (CG) is a leading business house in Nepal's business landscape, operating an extensive network of over 160 companies and 123 brands worldwide. Under which more than 15 thousand employees are working. The group's operations include the fast-moving consumer goods industry, financial services, energy and infrastructure development, the hospitality sector and the state-of-the-art electronics sector.