Hero which is going the final agreement with Honda plans to use the existing powertrains in a different manner. Post the divorce from Honda, Hero is free to export the products to other countries and venture into other segments. Hero group plans to move into 3-wheeler space following Bajaj and TVS. Hero group plans to use its existing engines (left alone powertrains from Honda). “Under the proposed new arrangement, several opportunities may exist in terms of new segments and product categories, but currently there is no such plan on the anvil,” the Hero Honda spokesperson said.
Hero may export its existing two wheelers and three wheelers to countries like Sri Lanka, Bangladesh, Nepal and Africa.