Hero MotoCorp is led by Dr Pawan Munjal and has expanded its presence to 40 countries in Asia, Africa, South America and Central America 
Hero MotoCorp is led by Dr Pawan Munjal and has expanded its presence to 40 countries in Asia, Africa, South America and Central America 
The Income Tax Department has conducted raids at the Hero MotoCorp Chairman and Managing Director Pawan Munjal's residence and office. Searches are underway at his residence and office in Gurgaon since morning. I-T department officials are also conducting searches at premises lined to other top officials of the company.
Hero MotoCorp is led by Pawan Munjal and has expanded its presence to 40 countries in Asia, Africa, South America and Central America. Hero MotoCorp has 8 globally benchmarked manufacturing facilities – 6 in India and 1 each in Colombia and Bangladesh.
The two-wheeler maker is a dominant market leader in India with over 50 per cent share in the domestic motorcycle market.
(More details awaited; with inputs from Divyesh Singh)
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