Hero Honda eyeing for low price bike

27 Apr 2009 10:27 AM by Rameshwar in Bikes ,

Country's two wheeler market major Hero Honda planning to bring a low price bike to the Indian market.Also the company is planning to bring the bike with the significant price advantage.

hero honda

"This (a low-price bike) has been on our horizon for a long time but we haven't been able to come up with a solution till now , " Pawan Munjal , the company's managing director , said.

"But this is not the end and we hope to come up with a solution... we continue to work on this." he added.

Answering to the query , Is thery any compromise on the model? "Just because we have an enhanced rural focus , it does not mean that rural customers can be offered products which do not stand the test of performance or durability. In fact , rural customers need sturdier vehicles (than urban ones) , " said Munjal.

This is the right time for Hero Honda to bring the low price bike , because Bajaj Auto is believed to be ready with the low cost bike which is being contract manufactured in China.The vendors across the country also started to push the company to make the low cost bike from the scratch since the low-cost bikes Honda Motor sells in markets such as Thailand and China are all step-thru.