Hero MotoCorp raises capex for FY22 to up to Rs 1,000 crore

Hero MotoCorp raises capex for FY22 to up to Rs 1,000 crore Move follows better-than-expected recovery in demand in recent months. From an average 2.61 lakh units per month during April-July, Hero MotoCorp sales touched 5.91 lakh units a month in the September-January period. Company ready to make provisions for more spends if demanded by the market.

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