Hero MotoCorp plots 2-3 premium launches, ₹1,500 cr capex in FY27 to widen lead over Honda
Hero is doubling down on premium, scooters and EVs to defend its #1 position. FY27 plan includes 2-3 new premium models, ₹1,500 crore capex to double ICE scooter and EV capacity, 144,000 EV units in FY26 (~3x YoY), and exports growing 40% annually across 52 countries.
Hero MotoCorp plans 2-3 new premium models in FY27, doubling ICE scooter and EV capacity with ₹1,500 crore capex, to widen its lead over Honda and grow scooter, EV and export businesses.