The price revision will be around 2 per cent and the exact quantum of increase will vary by specific models and markets, it added.
The price revision has been necessitated mainly due to cost increases on account of OBD 2 (on-board diagnostics) transition, the company said.
Hero MotoCorp will continue to provide innovative financing solutions in order to cushion the impact on the customers, it added.
The Indian automobile industry is currently working to make their products meet the second phase of BSVI.
From April 1, vehicles will need to have an on-board self-diagnostic device to monitor the real-time driving emission levels.
The device will constantly monitor key parts for meeting emission standards such as the catalytic converter and oxygen sensors, to keep a close watch on emissions.
Keyword: Hero MotoCorp to hike prices by up to 2 pc from April