its chairman Pankaj M Munjal has said. Hero Cycles claims, it has produced 167.35 units of bicycles so far, with 150.9 million units coming from its Ludhiana plant. "But to build a healthier ...

New Delhi, Feb 21: Hero Cycles said it has forayed into the premium bicycle market by launching a new product -- Red Dot -- priced at Rs 43,000.

Hero Motors Ltd has formed a joint venture with Germany's SchmiedeTechnik Plettenberg to produce forged powertrain components in India. The facility will be located in Ludhiana's Hero Industrial Park, ...