MUMBAI, Aug 8 (Reuters) - Hero MotoCorp Ltd,
India's largest motorcycle maker, plans to launch 12 variants or
upgrades in the current financial year ending March 2014 and
would also expand in 10 more international markets.
Hero aims to double its vehicle sales to 100 million by
2020. It also plans to have 20 manufacturing plants worldwide by
that year, the company said in a statement on Thursday.
Since splitting from partner Honda Motor Co in
2011, Hero has been forced to invest heavily into export
operations and technology tieups, even as domestic vehicle sales
have remained subdued.
(Reporting by Prashant Mehra; Editing by Prateek Chatterjee)