Pawan Munjal, Chairman, Managing Director and Chief Executive Officer, Hero MotoCorp, said, "India is currently experiencing a climate of stable economic and political environment, even as several economies across the globe are passing through uncertainties. As the market leader in two-wheelers, Hero has been playing its role in driving the growth engine of the manufacturing sector with new investments and innovation.
 
"The new financial year (FY '18) promises to be an exciting one for the industry. In the first three months of this fiscal, we further consolidated our domestic motorcycle market share by clocking all time high sales in the quarter. The growth in the domestic market was aided by an improvement in overall market sentiment and robust demand for our range of two-wheelers. Hero's Global Business team has been engaged in brand building and customer engagement initiatives, which has resulted in multiple Latin American and Asian markets also reporting encouraging growth during the quarter.