Hero Honda is on the last lap of its presence in Tamil nadu
The country’s top most two wheeler maker, Hero Honda is securing a final lap in the race of erecting a plant in Tamilnadu. The company is now fully geared to take up the challenge from TVS, if the fourth plant materializes. The setting up of this plant may involve Rs1500 crore at a landscape of 100-200 acres. The company is making all out effort to arrive at a complete picture. The move is almost confirmed by the officials of the Tamilnadu government that delegates from Hero Honda visited the state for locating the land. The delegates were offered more than five locations in the SIPCOT belt so that a final deed would materialize in a month.
Tamilnadu has housed the auto MNCs and domestic companies around Sirperumpudur and Oragadam, but Hero Honda is shown other areas like Tuticorin, Tirunelveli and Gummidipoondi it is learnt. Any decision will be taken by Hero Honda and the Tamilnadu government will certainly be courteous in this regard. The government likes to incur a heavy revenue through such plants and always apportion the lands of SIPCOT in districts. Hero Honda is in search of prime lands for expanding its facilities to meet the market demand. The company has a strong base of dealer network- 3500 across the nation- which takes care of sales and service.
In addition there are stockists and exclusive service points. The all perfect manufacturing units are in Haryana and Haridwar. March 2010 saw an increase of 17.35% in sales by selling 414638 units, the best ever in terms of March. The corresponding month of 2009 saw a sale of 353342 units and the cumulative sale of bikes for 2009-10 was 46 lakh units. The sale during the previous fiscal was 37.2 lakhs.