The country's largest two-wheeler maker Hero MotoCorp today launched its first in-house designed and developed motorcycle, Splendor iSmart 110, priced at Rs 53,300 (ex-showroom Delhi).
Built on a completely new chassis and frame with a brand new engine, the 2016 Hero Splendor iSmart 110 carries a similar yet evolved design language, in addition to new colour schemes. Being the first indigenously produced Splendor, as mentioned earlier, Hero has equipped the bike with an all-new 110cc air-cooled, single-cylinder engine that is capable of churning out 8.9bhp and develop a peak torque of 9Nm.
"With the launch of the all-new Splendor iSmart 110, we have achieved yet another significant milestone in our solo journey," Hero MotoCorp Chairman, Managing Director and CEO PawanMunjal said.
Besides the domestic market, the company plans to export it to other global markets and has set ambitious target of entering 50 new markets by 2020 with 20 manufacturing facilities across the globe and an overall annual turnover of Rs 60,000 crore.