India's Hero MotoCorp to raise two-wheeler prices from next month

FILE PHOTO: An employee speaks to a customer inside a Hero MotoCorp showroom in Mumbai

BENGALURU (Reuters) - India's Hero MotoCorp Ltd, the world's largest two-wheeler maker by sales, said on Friday it would increase the prices of its motorcycles and scooters from Dec. 1 by up to 1,500 Indian rupees ($18.37) due to costs related to inflation.

"The exact quantum of increase will vary by specific models and markets," the company said in a stock exchange filing.

($1 = 81.6750 Indian rupees)

(Reporting by Rama Venkat in Bengaluru; Editing by Devika Syamnath)