Hero Motocorp will increase the presence in these countries outside India, know what Pawan Munjal said
Hero MotoCorp, the country and the world’s veteran two wheeler company, now plans to increase its presence in Germany, France, Spain and UK. This information was given by the company President Pawan Munjal on Monday. According to PTI news, the company has made complete preparations for this expansion in the second quarter of 2025-26. Addressing the shareholders in the company’s annual report of 2024-25, Munjal said that Hero MotoCorp is investing in the future – India and beyond “and the company’s own platforms, including the” Hero for Startups “initiative, is advising the entrepreneurs of Next Generation, providing access to research and development to reach the market.
In electric mobility, the company further strengthened leadership
According to the news, Munjal said that in 2024-25, the company “strengthened its leadership in electric mobility”, and said that Hero MotoCorp will increase its presence in the second quarter of 2025-26 under a adventure global expansion roadmap, as we are taking our vision to new markets without any limit. He said that in FY 2024-25, we gained an annual growth of 43 percent in international markets ranging from South Asia to Latin America by focusing special focus on customer experience, quality and scale.
VIDA recorded a 200 percent increase in sales
Munjal further stated that our entry into Europe and UK at the end of this year symbolizes the next stage of our global ambition supported by engineering excellence and innovation. The company’s electric mobility brand, VIDA, recorded a 200 percent increase in sales in major urban centers due to the strategic expansion of its retail presence. The company’s partnership with Ather Energy, which is now a publicly listed company, has strengthened “India’s largest EV charging network and lead in premium electric segment”.
Electric three-wheeler field also presence
On the company’s investment of Rs 510 crore at Yular Motors, Munjal said that “globally is strengthening our presence in the leading electric three-wheeler sector. Munjal said,” Every step confirms our belief that the future of mobility in India will be electric, inclusive and innovation. Hero MotoCorp is proud to lead this change. In his address, Hero MotoCorp Executive Director and Acting CEO Vikram S Kasbekar said that I believe that the financial year 2025-26 will be a year of fast.
Latest business news
