Hero Motocorp to defer its CAPEX plan for this year, Auto News, ET Auto

Hero Motocorp is continuing with its electrification plan in three different areas such as R&D, start-ups investment, and Ather Energy.
Hero Motocorp is continuing with its electrification program in three unique parts these kinds of as R&D, commence-ups investment, and Ather Strength.

NEW DELHI: Strike by COVID-19, World’s biggest two-wheeler producer Hero Motocorp has deferred its funds expenditure program for the ongoing fiscal 12 months.

Pawan Munjal, Chairman & CEO, Hero Motocorp talking in the TOI Dialogues on Tuesday claimed, “We will defer out potential enlargement and other investment options in this space. Due to the fact the profits will reduced than the very last 12 months, there is no issue in investing which will not give any returns.”


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