Business Standard on Tuesday. Jivrajka, who is in his early thirties, is leaving when Ola has new growth plans, including setting up a Rs 2,400-crore electric vehicle facility expected to become the world’s largest two-wheeler factory. Ola’s ride-hailing business is recovering after the coronavirus pandemic’s hurt and demand for its food business and financial services improves. Under Jivrajka’s leadership as chief executive officer (CEO) of Ola Foods, the firm’s new business grew in the coronavirus pandemic. The recovery came on the back of the gradual unlocking of the economy as restaurants open up for business. ‘Khichdi Experiment’, the flagship brand of Ola Foods, last October clocked over 1 million orders in less than a year despite the pandemic.
PTI | New Delhi | Updated: 12-01-2021 18:58 IST | Created: 12-01-2021 18:58 IST
The country s largest two-wheeler maker Hero MotoCorp on Tuesday said it has reinforced its presence in Central America by appointing new distributor partners in Nicaragua and Honduras, with aggressive expansion plans for both countries.
The company has lined up a slew of new launches, including its range of premium motorcycles, in both countries and will also expand its network with extensive customer touch-points and flagship stores in key markets, Hero MotoCorp said in a statement.
The two-wheeler major has appointed Grupo Casa Pellas – one of the biggest economic groups and the leading motorcycles, cars and trucks company in Nicaragua with 107 years of experience – as its exclusive distributor.
Hero MotoCorp expands presence in Central America, appoints new distributors in Nicaragua and Honduras
Aditya Chatterjee Published: January 14, 2021, 09:25 PM IST
Hero MotoCorp, world s largest two-wheeler manufacturer, has reinforced its presence in Central America with the appointment of new distributors in two new countries, Nicaragua and Honduras. The company has lined up a slew of new launches, including its range of premium motorcycles, in both countries and will also expand its network with extensive customer touch-points and flagship stores in key markets.
Commenting on the development, Sanjay Bhan, Head, Global Business, Hero MotoCorp said Honduras and Nicaragua are key markets for us in Central America and our expansion plans clearly showcase this. We are also very happy to have partners such as Grupo Casa Pellas and Movesa S.A. who will enable us to expand
Hero MotoCorp Appoints New Distributing Partners in Nicaragua and Honduras
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Hero MotoCorp Ltd. has reinforced its presence in Central America by appointing new distributor partners in Nicaragua and Honduras, with aggressive expansion plans for both countries.
Hero MotoCorp has lined up a slew of new launches, including its range of premium motorcycles, in both countries and will also expand its network with extensive customer touch-points and flagship stores in key markets.
Grupo Casa Pellas – one of biggest economic groups and the leading motorcycles, cars and trucks company in Nicaragua with 107 years of experience – has been appointed as the exclusive distributor of Hero MotoCorp in the country.
The motorcycles & scooters manufacturer, reinforced its presence in Central America by appointing new distributor partners in Nicaragua and Honduras, with expansion plans for both the countries.
Hero MotoCorp has lined up a slew of new launches, including its range of premium motorcycles, in both countries and will also expand its network with extensive customer touch-points and flagship stores in key markets. Grupo Casa Pellas - one of biggest economic groups and the leading motorcycles, cars and trucks company in Nicaragua has been appointed as the exclusive distributor of Hero MotoCorp in the country.
The company has appointed Movesa S.A., as its exclusive distributor in Honduras. Movesa S.A. has 14 years of experience in the motorcycle market and is based out of Honduras. Hero MotoCorp s refreshed product portfolio in Honduras will include two new products - the XPulse 200 and the new Hunk 160R (Xtreme 160R in India).