DAVOS-India's Hero Honda sees growth in tough 2009/10

Newswire

DAVOS, Switzerland, Jan 31 (Reuters) - India's Hero Honda Motors Ltd expects sales to continue to grow in the 2009/10 fiscal year, in spite of a tough economic and financing environment, its chief executive said on Saturday. Hero Honda, 26-percent owned by Japan's Honda Motor Co , expects revenue growth to slow in the fourth quarter of the 2008/09 fiscal year, from 11 percent in April-December to "high single digits" for the full year, Managing Director and Chief Executive Pawan Munjal ...

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