Hero group to cater different markets

Hero group

After a high profile, highly successful journey of 26 years of joint venture, Hero and Honda will finally be parting ways. They have decided to end the joint venture with Hero group of the Munjals all set to by 26 percent stake in the Indian wing of Honda Motors.

This has mixed reactions from the corporate fraternity but one thing is for sure that both of them will now be competitors in the same market and the consumer is all set to benefit from them. Other major companies like Bajaj and TVS will also be eyeing the market share of this market leader.