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HMC sets up international headquarters in London ANI | Updated: Mar 16, 2021 17:28 IST
New Delhi [India], March 16 (ANI): Hero Motors Company (HMC) on Tuesday announced the setting up of its international headquarters in London to give its electric bike business a global push.
The move will unify the HMC-owned European businesses including HNF GmbH in Germany and Insync Bikes in United Kingdom by bringing them under one umbrella. The company aims to take up its European revenue up to 300 million euros in coming years.
Hero International (HIT) will play a strategic role in streamlining and bringing together various streams including research, development and design centres. It will provide a unified leadership with consolidated finance, strategy and supply chain operations.