Hero Electric, SBI partner for financing solution

New Delhi: Hero Electric on Friday announced partnership with State Bank of India to provide dealer network inventory financing solutions. This partnership will allow Hero Electric to widen its reach in the country, thereby extending its pan India customer base, the company said in a statement.

Hero Electric aims to have 1,000 dealerships across the country this year and the partnership will allow existing dealers to invest more and encourage new dealers to sprout across the country, it added.