BMW bikes to sport Hero gearboxes
Hero Motors recently signed an agreement with BMW Motors, under which the former will become sole supplier of gearboxes to BMW Motorrad, the two-wheeler arm of BMW Motors. Hero would be developing motorcycle gearboxes both for domestic and international markets.
The deal would be valid for a timespan of four or five years, depending on the transmissions sourced for different products by BMW Motorrad. Pankaj Munjal, managing director, Hero Motors, said, “We have developed the gearbox ourselves. Usually, components such as engines and transmissions are made by the company itself, as they involve advanced technology. We have achieved the expertise. BMW Motorrad will source gearboxes from us for products it sells globally.” “That Europe is the best place for sourcing components is not necessarily correct. The landscape is changing. Our transmission business, for one, has been growing over 70% a year for the last few years, he added.
Hero Motors is part of the Hero Group business conglomerate that is worth around $4.5-billion globally.
Words: Saeed Akhtar