Price cut unlikely to increase demand: Hero Honda

Country’s largest two-wheeler maker Hero Honda on Tuesday virtually ruled out cutting prices, saying it was unlikely that such a step would spur demand.

Reacting to Finance Miniter P Chidambaram’s call to various industries to lower prices to stimulate consumption, Hero Honda Motors Chairman Brij Mohan Lall Munjal said, “Price cuts are unlikely to spur demand.” More
Courtesy: economictimes.indiatimes.com

Leave a Reply