Electric bicycle brand Hero Lectro hikes prices by up to Rs 5,000 across models to offset rising input, freight costs
Hero Lectro, the electric bicycle brand of Hero Cycles, on Wednesday said it has increased prices of its products by up to Rs 5,000 across models to offset the impact of rising input material and freight costs.
The price hike ranges from 7.5 per cent to 12.8 per cent across the product portfolio, the company said in a statement. Source: Company website