Hero MotoCorp opens assembly facility with 75,000 units capacity in Nepal

Two-wheeler major Hero Motocorp on Sunday said it has opened an assembly facility in Nepal in partnership with its distributor CG Motors. The facility will have a capacity of 75,000 units per annum and will bring new investments and create job opportunities in the region, Hero MotoCorp said in a statement."This is an exciting development for us, CG Motors and for Nepal. The state-of-the-art assembly unit will ensure that our world-class products will now be made in Nepal and available to customers across the country," Hero Motocorp Chief Business Officer - Global Business Unit, Sanjay Bhan said. He further said, "The rapid expansion of the sales and service network will enable us to entrench the market with our world-class products and services." CG Motors, a part of the Chaudhary Group, will be rapidly expanding the sales and service network across Nepal to cater to the growing customer base, the statement said."Hero MotoCorp's world-class expertise in manufacturing and business processes will be highly beneficial for us to scale up operations. We look forward to building a robust market presence across the country," Chaudhary Group Managing Director, Nirvana Chaudhary said.