Epic Research

Wednesday, December 18, 2013

Epic Update : Hero MotoCorp

HEpic Update Hero MotoCorpero Motocorp mulls partnerships, JV with overseas player for Honda technology -Separation arrangement allows Hero to offer Honda technology -Honda’s technology for Splendor, Passion maybe sub-licensed -Licensed technology to give Hero MotoCorp royalty -Remaining royalty payout to Honda at around Rs 1,000 crore Alert: Royalty pact with Honda up to April 1, 2014 Hero Motocorp says -‘Have full freedom to sub-license Honda technology as per agreement’ -‘In talks with some players for licensing Honda technology’

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