Hero MotoCorp Targets Double-Digit FY27 Growth With 12+ Launches, ₹1,500 Cr Capex

CEO Harshavardhan Chitale outlines a double-digit FY27 growth plan anchored by 12+ new launches and ₹1,500 crore capex to double scooter capacity. Vida EV business, contributing 27-28% of scooter sales, eyes 50%+ electric share by 2030 with capacity expansion underway.

— Filed Sun, 24 May, 2026, 12:25 IST · Source Outlook Business · Updated

Hero MotoCorp CEO Harshavardhan Chitale targets double-digit FY27 growth with 12+ new launches, Rs 1,500 crore capex to double scooter capacity, and Vida EV scooter expansion aiming for 50%+ electric share by 2030.