India's Hero, Italy's Aprilia in scooter tie-up

Newswire

NEW DELHI, Nov 19 (Reuters) - India's Hero Motors said on Wednesday it will use technology from Italy's Aprilia to start making motoscooters -- hybrids of scooters and motorbikes -- aiming for a 10 percent share of the Indian scooter market. Scooters made up 17 percent of India's 5.1 million-units-a-year two-wheeler market -- the world's second biggest -- in the past fiscal year to March. Motorcycles accounted for 76 percent and mopeds made up the rest. Unlisted Hero, owned by the Munjal ...

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