Hero Motors Ltd, the Indian based engineering and manufacturing group, has announced a five year deal with BMW Motorrad, the motorcycle division of BMW AG, to manufacture gearboxes for some of its product range.
Hero will make gearboxes for both domestic Indian and global market BMW motorcycles.
The company, which already supplies a number of components for BMW bikes, could see its gearboxes fitted into all motorcycles in the BMW range.
“That Europe is the best place for sourcing automobile 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,” commented Hero Managing Director Pankaj Munjal.
“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,” added Munjal.
Edited by: Paul Whittaker, Editor ipmd.net, [email protected]