CEO of Hero MotoCorp Pawan Kant Munjal
Two-wheeler maker Hero MotoCorp is accelerating world growth and plans to increase its presence into Germany, France, Spain and the UK within the second quarter of 2025-26, in keeping with its Chairman Pawan Munjal.
In his deal with to shareholders within the firm’s annual report for 2024-25, Munjal stated Hero MotoCorp is “Investing sooner or later — India and past” and thru the corporate’s personal platforms, together with “the Hero for Startups” initiative it’s mentoring next-generation entrepreneurs, providing them R&D entry and opening pathways to market.
Asserting that in 2024-25, the corporate “superior our management in electrical mobility”, Munjal stated, “A daring world growth roadmap will see Hero MotoCorp prolong its presence into Germany, France, Spain and the UK within the second quarter of FY 2025-26, as we stock our imaginative and prescient of mobility with out boundaries to new markets.”
Commenting on the general worldwide market growth, he stated, “In FY 2024-25, we achieved 43 per cent YoY progress in worldwide markets from South Asia to Latin America by means of a pointy deal with buyer expertise, high quality and scale.” Munjal additional stated, “Our entry into Europe and the UK later this yr marks the subsequent section in our world ambition backed by engineering excellence and innovation.”
The corporate’s electrical mobility marque, VIDA recorded a “200 per cent surge in gross sales, supported by the strategic growth of its retail presence throughout key city centres,” Munjal stated, including, “the VIDA V2 has redefined accessibility in electrical mobility for the fashionable commuter.”
He additional stated the corporate’s partnership with Ather Vitality, now a publicly listed firm, strengthened “India’s largest EV charging community and premium electrical phase management.”
“Our partnership with California-based Zero Bikes is culminating in an thrilling new premium motorbike,” he famous.
On the corporate’s funding of ₹510 crore in Euler Motors, he stated it’s “reinforcing our presence within the global-leading electrical three-wheeler area.”
“Every step reaffirms our perception – the way forward for mobility in India shall be electrical, inclusive and innovation-led. Hero MotoCorp is proud to steer this transformation,” Munjal famous.
In his deal with, Hero MotoCorp Govt Director and Appearing CEO Vikram S Kasbekar stated, “I imagine that FY 2025-26 shall be a yr of acceleration. We’ll proceed to increase our footprint in electrical mobility, sharpen our premium play, unlock new worth within the core phase and push deeper into worldwide territories.”
He acknowledged that the corporate’s ambition is “to develop forward of the business, scale new peaks in each class and deepen our presence throughout markets whereas staying true to our ethos of operational excellence, customer-centricity and sustainability.”
Revealed on July 14, 2025