In a strategic move to enhance its foothold in Nepal, Hero MotoCorp has appointed CG Motors as its distributor in the country. This collaboration builds upon Hero MotoCorp's commitment to delivering world-class products and experiences to its customers worldwide.
Having entered the Nepalese market in 2014, Hero MotoCorp has emerged as a prominent player, garnering significant acclaim for its iconic brands like Super Splendor and Xpulse 200 motorcycles. Nepal, deemed a key market in Asia, continues to be a focus for the company's expansion efforts.
The partnership with CG Motors, a subsidiary of the widely diversified Chaudhary Group (CG) in Nepal, is poised to bring a transformative impact. CG boasts a network of over 160 companies and 123 brands globally, spanning Fast-Moving Consumer Goods (FMCG), Financial Services, Energy & Infrastructure, Hospitality, and cutting-edge Electronics.
This move underscores Hero MotoCorp's commitment to the Nepalese market, bringing new investments and job opportunities. Operations at the facility are scheduled to commence from March 2024.
Sanjay Bhan, Head – Global Business at Hero MotoCorp, expressed excitement about the collaboration, highlighting CG's expertise and diverse business knowledge. He emphasized Nepal's significance as a crucial market and the company's commitment to delivering top-notch products, services, and experiences to customers.
Nirvana Chaudhary, Managing Director of Chaudhary Group, expressed thrill at the collaboration, marking CG Motors' ambitious re-entry into the automotive market. Leveraging Hero MotoCorp's global reputation, Chaudhary sees this alliance as instrumental in driving business growth and reshaping the brand's presence in Nepal.
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