The annual production capacity of these plants is approximately 90 lakh units, according to an annual report of Hero Motocorp. The Global Parts Center is situated at Neemrana.
In a statement, Hero Motoopr said that every plant including the Global Parts Center will remain closed for four days starting from 22 April 2021.
Hero Motocorp further mentioned that it will utilize this time of lockdown for carrying out some important maintenance activities.
This shut-down will not impact the manufacturing of the company and it will be able to meet the demands, which is impacted because of local lockdowns in many Indian states and the loss in production will easily be compensated during the remaining quarter.
All the plans of Hero Motocorp will become operational only after the completion of this short shutdown. It further said that Hero Motocorp’s corporate offices are already doing work from home (WFH) and very few employees go to the office on rotation to continue the essential services.
Two Wheeler insurance articles
^The renewal of insurance policy is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. Actual time for a transaction may vary subject to additional data requirements and operational processes.
^The buying of Insurance policy is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. Actual time for transaction may vary subject to additional data requirements and operational processes.
#Savings are based on the comparison between highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB.
*TP price for less than 75 CC two-wheelers. All savings are provided by insurers as per IRDAI-approved insurance plan. Standard T&C apply.
*Rs 538/- per annum is the price for third party motor insurance for two wheelers of not more than 75cc (non-commercial and non-electric)
#Savings are based on the comparison between the highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB.
*₹ 1.5 is the Comprehensive premium for a 2015 TVS XL Super 70cc, MH02(Mumbai) RTO with an IDV of ₹5,895 and NCB at 50%.
*Rs 457/- per annum is the price for the third-party motor insurance for private electric two-wheelers of not more than 3KW (non-commercial).The list of insurers mentioned are arranged according to the alphabetical order of the names of insurers respectively.Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. The list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in