Is Bajaj getting over Hero Honda?
Wednesday, August 30th, 2006Being into the Real Estate consultancy in Gurgaon, I have come across many companies in IMT Manesar, Udyog Vihar, Pace City and Infocity who have been supplying spare parts to Hero Honda and Maruti Udyog. What these people say is that Hero Honda is very shy nowadays in production. The reason is that, they are loosing market share. Then who is gaining the market share? No doubt, the answer is Bajaj Auto. With so many new models coming up, Pulsar, DTSi, Discover DTSi, Platina very frequently into the market, I feel that CONSTANTLY INNOVATING is where Hero Honda is loosing. There’s a recent news also that Hero Honda is coming up with a plant in Uttaranchal also, that may be to get the tax benefits and other stuff. But I feel that the company while cutting their cost should concentrate more on new models. Splendor is the only model I think is going good in the market, other models are so so and the company cannot rely on just one model for its survival.