Hero begins African safari; starts operations in Kenya - Indian Express

PTI : New Delhi, Fri Jul 05 2013, 13:29 hrs The country's largest two-wheeler maker Hero MotoCorp (HMC) today announced its foray into the African continent with the launch of its brand and products in Kenya where it has also set-up an assembly unit as part of its global expansion plans. The company's operations are slated to commence in Burkina Faso and Ivory Coast next week, HMC said in a statement. In Kenya, HMC has partnered with Ryce East Africa to sell its two-wheelers in the country. Under the alliance, Sameer Group, which is a part of Ryce East Africa, has been appointed as the authorised distributor of Hero MotoCorp range of two-wheelers in Kenya. These products will be distributed through a network of outlets spread across the country. Commenting on the development, HMC Managing Director & Chief Executive Officer Pawan Munjal said: "We are delighted to see brand Hero make its debut in the African continent with the first launch in Kenya. This is a strategic market for us in our overall plan for the continent, which is why we are also starting our first Africa CKD assembly operations here." The company, however, did not share the capacity of the Kenyan assembly plant. HMC said it has introduced a range of Hero two-wheeler brands across categories, including the entry-level segment, Dawn, the Deluxe segment, Splendor Pro, Glamour and Hunk, and the premium segment, Karizma. "We are confident our products will appeal to customers across a wide price spectrum and create a new benchmark for mass mobility in Kenya. Indeed, our Africa business is going to play a crucial role in our plans of taking Hero global," Munjal said. Hero MotoCorp will soon launch brand-building initiatives in this market with the English version of the iconic Hero anthem 'Hum Main Hai Hero' (There's a Hero in Each of Us), which will be aired across radio stations in Kenya, the company said. ... contd. ALSO READ Gold futures down 0.30 percent on weak global cues Hindustan Unilever, United Spirits hit record highs Samsung Electronics Q2 misses forecast as smartphone worries deepen Sensex up 206 points in early trade on firm global cues Please read our terms of use before posting comments TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s). via Business - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE2yE0l6ETP7UWIU5zTIPwSiSTrSQ&url=http://www.indianexpress.com/news/hero-begins-african-safari--starts-operations-in-kenya/1138059/

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