Hero MotoCorp Allocates ₹300 Crore for Subsidiary Expansion
Hero MotoCorp invests in Netherlands subsidiary to boost operations in Colombia and Brazil.
The Brief
- Hero MotoCorp plans to invest up to ₹300 crore in HMCL Netherlands B.V. over two years.
- The investment aims to support operations in Colombia and Brazil through its subsidiaries.
- HMCL Colombia S.A.S. reported ₹1,656 crore turnover for the financial year ended March 31, 2026.
Hero MotoCorp Limited announced on Wednesday an additional investment of up to ₹300 crore in HMCL Netherlands B.V. (HNBV), a wholly-owned subsidiary.
The investment will be made in one or more tranches over the next two years, with the consideration being in cash.
HNBV's subsidiaries, HMCL Colombia S.A.S. and Hero MotoCorp Do Brasil Ltda., are engaged in the manufacturing, sale, and distribution of two-wheelers, accessories, and parts.
HNBV reported NIL turnover for the financial year ended March 31, 2026, while HMCL Colombia S.A.S. recorded a turnover of ₹1,656 crore for the same period.
HMCL Niloy Bangladesh Limited, another subsidiary, posted a turnover of ₹826 crore for the financial year ended March 31, 2026.
HMCL Colombia S.A.S. had turnovers of ₹672 crore in 2025 and ₹413 crore in 2024. HMCL Niloy Bangladesh Limited reported ₹562 crore in 2025 and ₹436 crore in 2024.
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