Niloy Motors Limited
Niloy Motors Limited is a business concern of NItol-Niloy Group who is the local manufacturer and the official sole distributor of Hero Motorcycles in Bangladesh (source). Side-by-side Hero motorcycle and scooters this transport & automobile-based company also marketing TATA brand of commercial vehicles and construction equipment in Bangladesh by its mother concern Nitol-Niloy Group.
Niloy Motors Limited
Niloy Motors is the driving concern behind the Hero Motorcycle Bangladesh. Therefore the company represents India’s Hero MotoCorp Limited in Bangladesh. The company manufactures, assembles, and distributes the Hero Motorcycle and scooter in Bangladesh. Thus the sales, aftersales service, spare support, promotion, offer, and events of Hero motorcycles in Bangladesh hold and rendered by Niloy Motors Ltd.
Niloy Motors Limited the concern of Nitol-Niloy Group came in the distribution of Hero motorcycles in Bangladesh in 2014 signing the joint venture agreement with India’s Hero MotoCorp Ltd. on April 21, 2014. Under the joint venture agreement, Niloy Motors Ltd. owns the right to manufacture & distribute the Hero Motorcycles in Bangladesh.
That manufacturing plant agreement was the first overseas venture of Hero MotoCorp, India that came into production in 2017. The manufacturing plant is located in Naopara, Jessore, Bangladesh. Currently, Niloy Motors Limited, therefore, Hero Motorcycle Bangladesh manufactures and assembles most of the showcased Hero motorcycles here in Bangladesh.
Nitol-Niloy Group – Nitol Motors Ltd.
Besides the manufacturing and distribution of Hero Motorcycles, the mother concern Nitol-Niloy group is engaged in other Automobile and transport-based businesses from the beginning. The concern Nitol-Niloy Motors former Nitol Motors Ltd. founded in early 1980. It was a dream concern of the founder Mr. Abdul Matlub Ahmad, which he had in his student days at Oxford University.
In the early years, Mr. Abdul Matlub Ahmad started Nitol Motors' business activities through the import of automobiles from England and Japan. Thus within the years, Nitol Motors got an institutional form. Sequentially, it owned the dealership of Hindustan Motors, India in 1985, Mitsubishi’s Indian Brand Aisar in 1987, and the sole distributorship of TATA Motors in 1989.
In 1991 Nitol Motors Ltd. unveiled a new dimension in its activity in support of TATA Motors, India. They started the assembly of TATA commercial vehicles and manufacturing the body of the vehicles which achieved huge success. Thus marketing the TATA branded commercial vehicles gave Nitol-Niloy Group a strong and diversified profile in Bangladesh.
Now Nitol-Niloy Group has shaped itself as a true conglomerate in the automobile industry by trading, assembling of vehicles, body manufacturing, aftersales support, transport & aviation services, financial institutions, manufacturing industries, real estate & properties development, and sports promotion. Hence the annual turnover of the company is estimated to cross taka 500 cores.
Further, the group is continuously developing new enterprises to be implemented and looking for a new horizon of attainable dreams. Thus the company recently has acquired a Sugar Mill in Kaliachapra as well as a Paper Mill in Sylhet, from the government's hand. Further, the company is rolling with the motto "This is just the beginning of good times, best is yet to come".
Also Read: See All Hero Bike Price In BD
Niloy Motors Product, Sales, Service, Dealers, & Distribution
Niloy Motors Ltd. is the dedicated concern in manufacturing, assembling, and distribution of Hero Motorcycles & Scooters in Bangladesh. Thus the concern is related to the two-wheelers industry under the Indian two-wheeler brand HERO. In their current product line, they are showcasing a wider range of Hero motorcycles and scooters in Bangladesh.
Currently Niloy Motors therefore Hero Motorcycles Bangladesh is offing various features of two-wheelers in Bangladesh in the category of Naked Sport, Commuter, and Scooters. The commuter motorcycle and scooter segments are widely covered by the HERO models currently in Bangladesh. Further, Hero Bangladesh offers very attractive packages and competitive prices for their customers.
In the sales, aftersales service, and dealers Hero Bangladesh has the countries one of the largest sales & distribution networks. Hence spare parts support is also easily available all over the country. Further, spare prices are also reasonable everywhere. Thereby, Currently, HERO has a stronger market position in the motorcycle industry of Bangladesh.
FAQ – Frequently Asked Questions
Who is Nitol Motors Limited?
Niloy Motors Limited is a business concern of NItol-Niloy Group who is the local manufacturer and the official sole distributor of Hero Motorcycles in Bangladesh.
When Nitol Motors Limited started the distribution of HERO Motorcycles in Bangladesh?
Niloy Motors Limited the concern of Nitol-Niloy Group came in the distribution of Hero motorcycles in Bangladesh in 2014 signing the joint venture agreement with India’s Hero MotoCorp Ltd. on April 21, 2014.
Does Nitol Motors Limited have the manufacturing facility of HERO Motorcycles in Bangladesh?
Niloy Motors Limited has the full phase assembly facility of HERO motorcycles in Bangladesh.
Where the assembly & manufacturing factory of the HERO motorcycle is located in Bangladesh?
The assembly and manufacturing factory of HERO Motorcycle Bangladesh under Niloy Motors Ltd. is located in Naopara, Jessore, Bangladesh.
Which is the most popular HERO motorcycle currently in Bangladesh?
In sequence, Hero Thriller, Hunk, Ignitor, Passion XPro, Glamour, Splendor, Pleasure, etc. are the popular HERO motorcycle & scooter models currently in Bangladesh.
Niloy Motors Limited
- 88 Shahid Tajuddin Sarani(New), 109 Tejgaon, Dhaka-1208, Dhaka 1208
- info@niloymotors.com
- https://www.niloyhero.com/
- https://www.facebook.com/HeroMotoCorpBD/