<p>The country's largest two-wheeler maker Hero MotoCorp on Friday said it will increase the prices of its motorcycles and scooters by up to Rs 1,500, with effect from December 1.</p>.<p>The price will increase up to Rs 1,500, and the exact quantum of the hike will vary by specific models and markets, the company said in a statement.</p>.<p>"The upward revision of the prices of our motorcycles and scooters has been necessitated due to overall inflationary costs," Hero MotoCorp Chief Financial Officer Niranjan Gupta said.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/business-news/merger-with-hdfc-to-take-8-10-months-more-hdfc-bank-1165693.html" target="_blank">Merger with HDFC to take 8-10 months more: HDFC Bank</a></strong></p>.<p>The company will continue to provide innovative financing solutions in order to cushion the impact on the customers, he added.</p>.<p>"We have also put in place accelerated savings programmes, which will help us to offset any further cost impact, and drive improvement in margins," the two-wheeler major said.</p>.<p>Moving forward, the economic indicators are favourable to a growth in demand, and the company expects industry volumes to pick up in coming quarters, it added. </p>
<p>The country's largest two-wheeler maker Hero MotoCorp on Friday said it will increase the prices of its motorcycles and scooters by up to Rs 1,500, with effect from December 1.</p>.<p>The price will increase up to Rs 1,500, and the exact quantum of the hike will vary by specific models and markets, the company said in a statement.</p>.<p>"The upward revision of the prices of our motorcycles and scooters has been necessitated due to overall inflationary costs," Hero MotoCorp Chief Financial Officer Niranjan Gupta said.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/business-news/merger-with-hdfc-to-take-8-10-months-more-hdfc-bank-1165693.html" target="_blank">Merger with HDFC to take 8-10 months more: HDFC Bank</a></strong></p>.<p>The company will continue to provide innovative financing solutions in order to cushion the impact on the customers, he added.</p>.<p>"We have also put in place accelerated savings programmes, which will help us to offset any further cost impact, and drive improvement in margins," the two-wheeler major said.</p>.<p>Moving forward, the economic indicators are favourable to a growth in demand, and the company expects industry volumes to pick up in coming quarters, it added. </p>