India's Hero MotoCorp launches assembly unit in Nepal

Hero MotoCorp, an Indian two-wheeler manufacturer, recently announced the opening of a new assembly facility in Nepal. The venture is in partnership with CG Motors, and the plant is situated in the CG Industrial Park in Nawalparasi. 

The facility boasts a capacity of 75,000 units per year.

What products will be assembled?

The assembly unit will focus on four specific products: the Xpulse 200 4V and Super Splendor motorcycles, the Splendor+ motorcycle, and the Xoom 110 scooter. These products, already launched in Nepal, will now be assembled locally, enhancing their availability across the country.

How will this impact Hero MotoCorp and Nepal?

Sanjay Bhan, Hero MotoCorp's Chief Business Officer - Global Business Unit, expressed enthusiasm about the development, stating, "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."

He added that the expansion of the sales and service network will help consolidate the market presence of their products and services.

Creating employment opportunities 

The establishment of the assembly facility is expected to bring new investments and create job opportunities in the region. This aligns with Hero MotoCorp's strategy to expand its global footprint and operational capacity.

Nirvana Chaudhary, Managing Director of the Chaudhary Group, highlighted the strategic benefits of the collaboration, remarking, "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."

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.