Key Developments: Hero MotoCorp Ltd (HROM.BO)
18 Dec 2013
Latest Key Developments (Source: Significant Developments)
The Economic Times reported that Hero MotoCorp Limited is building in-house capabilities to make its own engines by teaming up with AVL of Austria. Its technology tie-up with Austria-based AVL will allow Hero MotoCorp to develop technology for its bread-and-butter 100cc bikes such as Splendor and Passion. Full Article
Hero MotoCorp Limited announced that the company has entered into a strategic partnership with Erik Buell Racing (EBR) Of USA for contemporary technology and design inputs to enable the company to launch high end bikes for the domestic and international markets. Full Article
Note: Reuters has not verified this story and does not vouch for its accuracy.