Hero MotoCorp earmarks Rs 1,500 cr FY27 capex to double scooter capacity to 1 lakh/month
Hero MotoCorp will deploy Rs 1,500 crore in FY27 to lift monthly scooter output from 60,000 to ~1 lakh units across Xoom, Destini and EVs, with Destini capacity rising 50% and EV run-rate scaling from 15,000 to 25,000 units. A separate Rs 700 crore global parts centre is planned in South India.
Hero MotoCorp commits Rs 1,500 crore FY27 capex to double scooter capacity (ICE Xoom, Destini and EVs) targeting ~1 lakh monthly run rate, plus Rs 700 crore for a global parts centre in South India.
Why this matters
Reinforces Hero MotoCorp's aggressive scooter and EV push, building on its prior FY27 capex commitment to close the gap with TVS and Honda in the scooter segment.
Retail-company signals steady at 462 in last 90 days, reflecting consistent capex activity.