Events & Expos

India’s Hero MotoCorp to raise two-wheeler prices from next month

BENGALURU, Nov 25 (Reuters) – India’s Hero MotoCorp Ltd (HROM.NS), the world’s largest two-wheeler maker by sales, said on Friday it would increase the prices of its motorcycles and scooters from Dec. 1 by up to 1,500 Indian rupees ($18.37) due to costs related to inflation.

“The exact quantum of increase will vary by specific models and markets,” the company said in a stock exchange filing.

($1 = 81.6750 Indian rupees)

Reporting by Rama Venkat in Bengaluru; Editing by Devika Syamnath

Our Standards: The Thomson Reuters Trust Principles.

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