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Hero Cycles to announce USD 1 bn investment soon, says MD Pankaj Munjal
Pankaj Munjal, Managing Director of Hero Cycles, announced the company's impending billion-dollar investment. During the World Economic Forum in Davos, he hinted at entering the electric vehicle category. Additionally, Union Minister Chirag Paswan declared a USD 250 million investment from AB InBev in India's beverage sector, reflecting rising investments in India.
Pankaj Munjal, Managing Director of Hero Cycles, announced the company's impending billion-dollar investment. During the World Economic Forum in Davos, he hinted at entering the electric vehicle category. Additionally, Union Minister Chirag Paswan declared a USD 250 million investment from AB InBev in India's beverage sector, reflecting rising investments in India.
