Hero maestro edge 125 scooty launched in New Delhi price at 47,300

Hero  motocorp launched mastro edge scotty price at 47,300

Two wheeler major hero motocorp has more than double it's capital expenditures for the current fiscal 1500 crore , mainly upgrade it's portfolio to conform to Bs- vi  emissions norm and for its coming plants in Andra Pradesh , chief financial officer Moran Jain Gupta said on Monday.

Image of hero maestro scooter edge 125  image
Hero maestro scooter edge 125 image

The capital would be also be utilised for the development of new products.

We have emmarked a capex of 1500 crore this fiscal . It will be utilised for Andra Pradesh plant , BS -vi upgradation usual things like new products development " 

Mr Gupta told reporters here. The two wheeler emmarked 700 crore  capex in 2018-2019. The company , which is trying , considlate it's possible in the premium segment on Monday launched two scooter to cater to domestic and international markets . It's indroduced mastero edge 125 with fuel injection  technology price at 62,700.

The company claimed it was India first scooter with fuel injection technology . The variants of mastero edge 125 with non fuel injection technology are tagged at 58,800 and (ex,60,000 showroom Delhi). Hero motocorp introduce 110cc pleasure price at 47,300 Mr Gupta said the company share in the scooter segment remains under indexed and there was enormous opportunity for growth .

Premium segment (125cc) in scooter is growing and we also bringing in new products . It will have a positive impact on our entry level scooter which continues bring in maximum customer " he said " 

On the current fiscal outlook "Mr Gupta said We expect second half of the fiscal to be better with exppaction of a good mansoon and easing of liquidity in the market .

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