Gurgaon, 8 August: Motocorp Hero said on Thursday its annual production will reach 12 million units manufactured in more than 20 offices throughout the world.
Managing Director and Chief Executive Munjal said the company Pavan 2020 year will sell its products in more than 50 countries and have an annual turnover of Rs. 60000 rupees.
In addition, the company aims to achieve EBITDA (earnings before interest, tax, depreciation and amortisation) margin of 20 percent, said on the sidelines of the Munjal events to mark the company's 50-million production two-wheeled here at its Gurgaon plant.
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