Wednesday, February 22, 2012

HERO MOTOCORP FORMS STRATEGIC PARTERNERSHIP WITH ERIK BUELL RACING OF USA



In a landmark development, the world’s largest two-wheeler manufacturer, Hero MotoCorp Ltd. (HMCL), today announced forging a strategic partnership with Erik Buell Racing (EBR) of the US, encompassing multiple areas of collaboration.

As part of the partnership, HMCL will receive support in terms of cutting-edge technology and design to develop future models from EBR - the East Troy, Wisconsin-based firm, which specializes in designing and manufacturing powerful and high-speed motorcycles.

Announcing this here today, Mr. Pawan Munjal, Managing Director & Chief Executive Officer, Hero MotoCorp, said “It gives me immense pleasure to welcome Erik Buell to the exciting world of Hero MotoCorp. This is in keeping with my objective of quickly scaling up our own in-house R&D capabilities to a global two-wheeler technology power-house by leveraging a network of strategic international alliances. Erik and his team have been working closely with our engineers and designers to develop our next-generation range of products with cutting-edge technology and first-of-its-kind features.

 “The Indian two-wheeler industry is set to evolve, and it is only natural that as the market leader, we are driving this change. As a part of this plan, Erik is going to play an integral role in giving shape to some of my dream two-wheelers for the discerning youth of today. So my R&D team and Erik’s team together have made some definitive progress in this direction, and we will hopefully be putting a few scorchers on the roads soon.”

Sourced From: Corporate Voice | Weber Shandwick