MotoCorp will make an upward revision in the ex-showroom prices of its select
motorcycles and scooters, effective from April 1, 2023.
The price revision has been necessitated
mainly due to cost increases on account of OBD 2 transition. Hero MotoCorp will
continue to provide innovative financing solutions in order to cushion the
impact on the customers.
The price revision will be around 2% and the
exact quantum of increase will vary by specific models and markets. The rural
markets have been witnessing an upswing in demand, thanks to the government
schemes in the social sector and healthy agricultural outputs. This augurs well
for the industry as the growth momentum is expected to lead into the upcoming
festive season towards the latter half of the fiscal.
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