If you are also thinking to take bike, then do not lie too much now because your lateness will make your pocket looser. Actually, the effect of inflation is going to affect the bike in a few days. Hero’s choice of lakhs of youth is going to increase in price. Yes, two wheeler manufacturer Hero MotoCorp is going to increase the prices of its products from 1 July 2021. In such a situation, if you are also thinking of taking Hero’s bike, then do not delay at all. Because your delay can spoil your budget.
Hero Motor Corp. says about increasing the price of its products that it has to take this decision due to the continuous increase in raw material and prices. Because it has become necessary to increase the prices to partially offset it. Keeping in mind that this increased price does not have much impact on the customers, the company will continue to run the Drive Cost-Saving Program. For information, let us tell you that a decline of 50.83 percent was recorded in the monthly sales of May 2021. At the same time, the company also says that there can be an increase in demand on the occasion of Raksha Bandhan.
How much will the price increase?
Customers are worried about how much Hero company is going to increase its products by how much? Meanwhile, Hero MotoCorp has decided to increase the prices of its two wheeler models by up to Rs 3,000 with effect from July 1, 2021. There is no information about which bike the company has decided to increase the price on which bike. For example, the starting price of Hero Splendor Plus is Rs 62,535, which will increase to Rs 65,535 in July. Similarly, the rates of the model will also increase. Even before this, the company had increased its products in April 2021 and now again this decision is being taken in the month of July.