Hero MotoCorp will get approval for PLI-Auto scheme

[ad_1] New Delhi: Hero MotoCorp Ltd, India’s greatest two-wheeler maker by gross sales, has acquired approval for its electrical scooter to be part of the ₹25,938 crore production-linked incentive scheme for vehicles and auto components (PLI-Auto), based on the scheme’s portal. The approval from testing businesses got here on 8 July for the VIDA V2 … Read more

Hero calls out ‘regulatory complexity’ amid MoRTH’s push for safety

[ad_1] The country’s largest two-wheeler company, Hero MotoCorp Ltd, has added “regulatory complexity” as one of the new key business risks at a time when the ministry of road transport and highways (MoRTH) is rushing the two-wheeler players to implement anti-lock braking systems (ABS) to increase safety. Hero said in its latest annual report that … Read more

Brijmohan Lall Munjal’s four-stroke engine of grit, gumption, resilience and humility

[ad_1] His hands were that of a workman rather than of a business tycoon who had built a multi-billion dollar enterprise. Often he would insist on pouring out the tea for guests, adding spoonfuls of sugar for younger journalists. “You need the energy,” he would insist. This was a man who understood people as well … Read more