The country's largest two-wheeler manufacturer Hero Honda on Monday announced that it has hiked prices of its products between Rs 500 and Rs 1,000, owing to increase in input costs. Hero Honda Managing Director Pawan Munjal told reporters in New Delhi that the company had been trying to absorb rising commodity prices, but it has reached a stage where it needed to pass it to the customers. Models like Splendor Plus, Passion Plus, CBZ and Hunk will see price hike.
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