Hero MotoCorp hikes prices for the third time this financial year, motorcycles to get dearer by up to Rs 1,000

This follows price hikes of up to Rs 3,000 that the company effected from 1 July and up to Rs 2,000 effective 5 April. This is the fifth price hike the New Delhi-based has taken in the past one year. The price hike comes at the beginning of the Diwali festive period, which is a crucial sales window for Indian automakers. Hero MotoCorp had taken a similar price bump from 20 September 2021.