New Delhi, Nov 1 (PTI) The country's largest two-wheeler maker Hero MotoCorp reported a 32 per cent dip in total sales to 5,47,970 units for October.

The company had sold 8,06,848 units in the corresponding month of the previous year, Hero MotoCorp said in a statement.

Also Read | 1 TB Internal Phone Memory! Samsung Ready With World's First 1TB Chip for Smartphones.

In the domestic market, the company's wholesales dropped to 5,27,779 units last month from 7,91,137 units in October 2020.

Exports, however, increased to 20,191 units last month as against 15,711 units in the year-ago month.

Also Read | 10-0! Jose Mourinho Starts AS Roma Managerial Career in Style by Defeating Serie D Side Montecatini.

"Demand in the festive season has been building up as we move towards Dhanteras and Diwali, and we expect healthy retail over the coming weeks," the company said.

With the economy gradually opening up with several other positive indicators, such as encouraging farm activity and surge in preference for personal mobility, a swift revival in sales is expected in the coming months, it added. HRS hrs

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)