Hero Motors to manufacture bike gears for Ducati
NEW DELHI: Hero
Motors today said its transmission division has received order
from Italy-based Ducati to manufacture bike gears for the superbike maker's premium
offerings.
One of the world's leading motorcycle
manufacturers has chosen Hero group's transmission division to make an
important component of its premium motorcycles is evidence of the company's
expertise, the company said in a statement.
"This definitely is a big leap for us and we
are quite excited about this new development," Hero Group CMD Pankaj Munjal said.
"With this win, we are not only forging a
strong relationship with a global two wheeler leader but also reaffirming
Hero's proficiency and expertise in specialised manufacturing," he added.
Leading brands like BMW and Harley
Davidson already source components from Hero. Almost 80 per cent of
the company's business comes from global players.
Hero has invested Rs 150 crore to set up
infrastructure. It also plans to pump in similar amount to scale up its
operations for the international market.
Source : Hero
Motors to manufacture bike gears for Ducati