New Delhi, Sep 29 (PTI) Hero MotoCorp on Friday said it will increase prices of select motorcycles and scooters by around 1 per cent from October 3.

The company will make a marginal revision in the ex-showroom prices of select motorcycles and scooters, effective from October 3, 2023, the country's largest two-wheeler maker said in a statement.

Also Read | FSSAI Asks Food Vendors, Consumers To Stop Using Newspapers for Packing, Storing and Serving Food.

The price increase will be around 1 per cent, and the exact quantum of increase will vary by specific models and markets, it added.

The price revision is part of our regular review of product competitiveness and positioning, factoring inflation, margins and market share, the company stated.

Also Read | Punjab Farmers Begin Three-Day ‘Rail Roko’ Protest Demanding Financial Package for Flood-Caused Losses and Debt Waiver (Watch Video).

(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)