Hero Cycles to announce $1 billion 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.

from Auto-Industry-Economic Times https://ift.tt/dILtTfR