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The domestic two-wheeler industry is expected to witness a double-digit revenue growth next fiscal with demand for premium models anticipated to gain further momentum, according to Hero MotoCorp CEO Niranjan Gupta. The country’s largest two-wheeler maker, which reported a total income of Rs 10,031 crore in the October-December quarter this fiscal, also expects the entry […]
The Summit was themed विद्युतीकरण (Electrification): Electrifying India’s Journey towards Sustainable Mobility. The Society of Indian Automobile Manufacturers (SIAM) hosted the 3rd Global Electrification Mobility Summit (GEMS) on the second day of the Bharat Mobility Global Expo 2024 at Pragati Maidan. The Summit themed विद्युतीकरण (Electrification): Electrifying India’s Journey towards Sustainable Mobility succeeded in its […]
Society of Indian Automobile Manufacturers (SIAM), the apex automotive industry body, under its चक्रीयता (Circularity) initiative, organized the 2nd edition of International Conference on Sustainable Circularity (ICSC), themed “Towards Nature Positive Pathway: Embracing Circular Economies with Low Carbon Strategies” on the last day of the Bharat Mobility Global Expo 2024. In accordance with the initiative’s […]
With an aim to accelerate its electrification journey, Hero MotoCorp plans to bring three new electric two-wheelers in the next one year, company CEO Niranjan Gupta said on Tuesday. The company, which unveiled its new performance bike MAVRICK 440, is also ramping up production to 10,000 units a month to meet demand for motorcycles in […]
The country’s largest two-wheeler maker Hero MotoCorp on Tuesday said it has received 25,597 bookings for the Harley-Davidson X440 till date. The booking window, which opened on July 4, has now been closed, and the new booking window will be announced soon, the company said in a statement. “It is heartening to see the confidence […]
The Enforcement Directorate on Tuesday conducted raids against Hero Motocorp executive chairperson Pawan Munjal and others as part of a money laundering investigation, official sources said. The searches were carried out at premises located in Delhi and neighbouring Gurugram in accordance with provisions of the Prevention of Money Laundering Act (PMLA). The investigation stems from […]
New Delhi, Jul 4 Hero MotoCorp on Tuesday said it will commence bookings for the Harley-Davidson X440 across the country from 4:40 pm onwards with deliveries expected to commence from October onwards. The 440-cc bike, which is being manufactured by Hero MotoCorp at its Neemrana plant, could be booked online with a booking amount of […]
New Delhi, May 3: Hero MotoCorp on Wednesday said it will scale up the presence of its electric scooter range under the VIDA brand to 100 cities this year. The company, which also announced a cut of around Rs 20,000 in the prices of VIDA V1 Plus and VIDA V1 Pro scooters, said it will […]
New Delhi, Apr 3: Shares of Hero MotoCorp on Monday gained over 3 per cent in late morning trade after the firm reported a rise in total sales for March. The stock of two-wheeler maker jumped 3.30 per cent to Rs 2,424.50 in late morning trade on the BSE. The company’s scrip witnessed a similar […]
Hero MotoCorp expects exports to contribute at least 10 per cent to the overall revenue pie in the medium to long term while aspiring to grow faster than the industry in the domestic market in next fiscal year, according to company’s CFO Niranjan Gupta. At present, overseas shipments’ share in the overall turnover pie is […]