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India's Hero Cycles to set up new global hub in London


India s Hero Cycles to set up new global hub in London
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Last Updated: Mar 16, 2021, 11:04 PM IST
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India s Hero Motors Company (HMC) Group on Tuesday announced plans to set up a new international headquarters, Hero International (HIT), in London as part of a push towards expanding Hero Cycles overseas business and strengthening its global presence.
Agencies
India s Hero Motors Company (HMC) Group on Tuesday announced plans to set up a new international headquarters, Hero International (HIT), in London as part of a push towards expanding Hero Cycles overseas business and strengthening its global presence.
The company said HIT is aimed at bringing HMC s European businesses under one umbrella and giving its electric bike business a major boost worldwide. ....

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HMC sets up international headquarters in London


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. ....

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