Hero Honda joint MD resigns

Hero Honda joint MD resigns

Mumbai: Hero Honda Motors Ltd , India’s largest motorcycle maker, said its joint managing director Toshiaki Nakagawa had resigned from the company effective 22 March.

Last month, Hero Investments agreed to buy Honda Motors’ 26% stake in Hero Honda Motors for around $851 million, with the Japanese automaker exiting its joint venture in India after more than 26 years.

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