Hero MotoCorp appoints Srihari Mulgund as Chief Strategy Officer
Automotive strategy veteran Srihari Mulgund joins Hero MotoCorp’s senior leadership team to steer forward-looking initiatives across EVs, batteries, ICE supply chains and new-age mobility.
What happened
Hero MotoCorp appointed Srihari Mulgund as Chief Strategy Officer and senior management. The automotive strategy veteran will lead forward-looking initiatives
Key facts
- Srihari Mulgund appointed Chief Strategy Officer
- Over 24 years of automotive-sector experience
- Hero MotoCorp shares rose 0.18% to Rs 5,805.35
- Q1 profit increased 29%
- Q1 revenue increased 36%
Why this matters
Mulgund’s mandate across batteries and new-age mobility indicates Hero may be building strategic capacity for partnerships, technology alliances and targeted expansion opportunities.
What to watch
- New EV model launches, revised launch cadence or platform announcements.
- Battery sourcing, localization, recycling, charging or cell-technology partnership announcements.
- Changes in EV capital-expenditure guidance, R&D intensity or profitability targets.
- Senior hires in EV engineering, software, procurement, corporate development or mobility businesses.
- Dealer network investments, EV retail format expansion and financing/service initiatives.
- Any acquisition, minority investment or collaboration involving battery, software, charging or mobility technology.
- Publish or signal sharper medium-term EV volume, launch and profitability milestones.
- Review battery-cell sourcing, pack localization and power-electronics partnerships to reduce cost and supply-chain exposure.
- Prioritize EV platform investments against ICE refresh cycles and premium motorcycle expansion.
- Strengthen cross-functional governance linking strategy, R&D, procurement, manufacturing, finance and dealer readiness.
- Evaluate partnerships in charging, software, connected vehicles, fleet mobility and battery lifecycle services.