Yesterday, on April 21st, a significant milestone was marked in Nepal’s automotive industry as Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, solidified its commitment to the country with a grand announcement. Teaming up with its authorized distributor CG Motors, Hero MotoCorp unveiled ambitious business expansion plans alongside the inauguration of a cutting-edge assembly facility.
The event, graced by key figures from both Hero MotoCorp and CG Motors, showcased a strategic move to localize production and enhance accessibility to Hero’s renowned products within Nepal. At the forefront of this initiative stands a state-of-the-art assembly facility nestled within the CG Industrial Park in Nawalparasi.
The assembly plant, equipped to produce 75,000 units annually, not only signifies a boost in local manufacturing but also signals a wave of fresh investments and employment opportunities in the region. With a focus on catering to the growing demand for quality vehicles, Hero MotoCorp launched four globally acclaimed models: the Xpulse 200 4V, Super Splendor, Splendor+, and Xoom 110 scooter, all to be assembled within the newly minted facility.
Sanjay Bhan, Chief Business Officer of Hero MotoCorp’s Global Business Unit, highlighted the company’s unwavering commitment to delivering top-notch products and experiences worldwide. Expressing his enthusiasm for the collaboration, Bhan highlighted the pivotal role the assembly unit would play in ensuring the availability of world-class Hero MotoCorp products throughout Nepal.
Echoing Bhan’s sentiments, Nirvana Chaudhary, Managing Director of Chaudhary Group, emphasized the occasion’s significance for CG Motors. Chaudhary expressed delight at the inauguration of the assembly facility, affirming Hero MotoCorp’s expertise as instrumental in scaling up operations within Nepal.
The strategic location of the new assembly facility, coupled with CG Motors’ rapid expansion of the sales and service network, promises swift and seamless access to Hero MotoCorp’s products across the nation. In line with this vision, CG Motors unveiled its flagship showroom in Kathmandu and pledged to establish over 100 sales and service outlets within the next three months.
Hero MotoCorp’s journey in Nepal since its entry in 2014 has been nothing short of remarkable. With iconic brands like the Super Splendor and Xpulse 200 motorcycles capturing the hearts of Nepali consumers, the company has solidified its position as a leading player in the country’s automotive landscape. Nepal, one of Hero MotoCorp’s key Asian markets, continues to witness the company’s unwavering dedication to innovation and excellence.
The Chaudhary Group, a dependable in Nepal’s business ecosystem, stands as a beacon of innovation and excellence across diverse industries. With an extensive network spanning over 160 companies and 123 brands worldwide, CG’s commitment to pushing boundaries and delivering value remains unwavering.
As Hero MotoCorp and CG Motors join forces to chart new territories in Nepal’s automotive realm, the stage is set for an exciting chapter of growth, innovation, and unparalleled customer experiences. Yesterday’s event not only marked a milestone in the automotive industry but also signaled a new era of collaboration and progress in Nepal’s business landscape.
