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Hero Karizma XMR 210 will compete with Bajaj Pulsar RS200, Pulsar F250, and Suzuki Gixxer SF250 when it launches in September.
Read MoreBYD and Megha Engineering and Infrastructures submitted a proposal to the DPIIT earlier this month for the construction of a $1 billion four-wheeler manufacturing facility in India. The investment proposal also included BYD and Megha's plans to construct training and R&D facilities as well as charging stations in India. The Center toughened FDI regulations in 2020 and made government clearance necessary for investments coming from nations with which it has a land border.
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