Hero Motors gets $250-mn order from Canadian firm
 Hero Motors Ltd, part of the Hero Group, has bagged a $250-million order from a Canadian manufacturer of recreational vehicles. The order from Bombardier Recreational Products (BRP) is for supplying transmissions for the Canadian company's vehicle range that includes all-terrain vehicles, motorcycles and snow-mobiles. Hero Motors managing director Pankaj Munjal described the offer as a sign of India's manufacturing sector stepping up to provide cheaper alternatives to the west. The companies have signed a five-year memorandum of understanding (MoU) for making transmissions at Hero's Ghaziabad facility. Hero Motors will invest Rs.100 crore in the facility in the next five years.
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