Hero MotoCorp kicked off the new 2022-23 financial year on a positive note with the company reporting a growth of 12.4 per cent in year-on-year sales. India's largest two-wheeler maker sold 418,622 units in April 2022, as against 372,285 units sold in April 2021. Hero MotoCorp said that with "the economy gradually opening up and continued government policy support, April volumes indicate the continuously improving consumer sentiments." Total domestic sales went up by 16.3 per cent last month at 398,490 units in April 2022 as opposed to 342,614 units in April 2021.
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For the month of April 2022, Hero's motorcycle sales stood at 392,627 units, up by 15.7 per cent as compared to 339,329 units during the same month last year. However, scooter sales stood at 25,995 units, down by 21.12 per cent year-on-year. Exports, on the other hand, stood at 20,132 units, registering a decline of 32.15 per cent over 29,671 units sold in April last year.
Hero attributed the sales recovery to the growing economy as well as government support that's helping improve consumer sentiments
The previous month saw Hero MotoCorp a number of initiatives including its partnership with the Indian Army Veterans where it handed over specially-equipped Destini scooters to disabled soldiers. The company also collaborated with the Automotive Skill Development Council (ASDC) for "Project Jeevika", to upskill and train two-wheeler market technicians across the country on BS6 technology. The company says it has trained over 6000 technicians through TVET (Technical and Vocational Education and Training) ecosystem.
Hero also received the Self Certification Status for Indian Army Supplies by DGQA - Director General Quality Assurance, Ministry of Defence for its best quality procedures, process and products in the automobile industry last month. Lastly, the company handed over 250 Glamour motorcycles to the Haryana Forest department and Compensatory Afforestation Fund Management and Planning (CAMPA) authority on World Earth Day.
