Hero MotoCorp opens a Nepali assembly plant
According to the statement, CG Motors, a division of the Chaudhary Group, plans to quickly increase its sales and service network across Nepal in order to meet the needs of its rising clientele.
Major two-wheeler manufacturer Hero Motocorp said on Sunday that, in collaboration with its distributor CG Motors, it has launched an assembly plant in Nepal. Hero MotoCorp said in a statement that the factory, which would have a capacity of 75,000 units annually, will bring new investments and employment possibilities to the area.
It also said that four recently introduced models, the Xoom 110 scooter, Super Splendor, Splendor+ motorbikes, and Xpulse 200 4V, would be locally built at a new assembly plant at Nawalparasi's CG Industrial Park. This is a wonderful milestone for Nepal and for us at CG Motors. The nation's clients will be able to purchase our top-notch goods created in Nepal thanks to the modern assembly plant, according to Sanjay Bhan, Chief Business Officer of Hero Motocorp's Global Business plant.
He said, "The fast growth of the sales and service network could allow us to entrench the market with our world-class products and services." According to the statement, CG Motors, a division of the Chaudhary Group, plans to quickly increase its sales and service network across Nepal in order to meet the needs of its rising clientele. "Hero MotoCorp's unparalleled proficiency in manufacturing and business procedures will be immensely advantageous as we expand our operations. "We are excited about establishing a strong market presence throughout the nation," Nirvana Chaudhary, Managing Director of Chaudhary Group, said.
2014 saw Hero MotoCorp's entry into Nepal. Conversely, The Chaudhary Group (CG), a prominent corporate conglomerate in Nepal, has a global network of over 160 firms and 123 brands.
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