Home > companies > Hero MotoCorp to enter European markets in 2015

New Delhi: India’s largest two-wheeler company Hero MotoCorp Ltd plans to enter European markets by the end of 2015, the company said in an announcement at the EICMA motorcycle show in Milan, Italy.

EICMA is the world’s largest two-wheeler show. It is also the marketing body of Italy’s National Association of Bicycles, Motorcycles and Accessories (ANCMA).

Hero MotoCorp said it will introduce its products in markets such as Italy, Spain, France, the UK and Germany. It will launch its first hybrid scooter Leap in these markets.

The company aims to be present in over 50 countries by 2020, with more than 20 assembly facilities globally.

Pawan Munjal, vice-chairman and managing director of Hero MotoCorp, said that while his company is open to partnerships in the European markets, Hero will also look for merger and acquisition opportunities in Europe.

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