Hero Honda likely to launch 'Nano' bike

Hero Honda, the two wheeler company that controls 70% of the entry level bike (engine capacity above 75 cc but less than 125 cc) market is planning to go ‘Nano’ for the bike market.

Hero Honda will take India's frugal engineering prowess, as showcased in the Nano, to the next level, if the concept works out.

Pawan Munjal, managing director, Hero Honda is clear that their 'Nano' bike would be affordable but there would be no compromising on either durability or performance. So, it may be more like a regular motorcycle, with lesser price. Read original story...