Hero MotoCorp to deploy Rs 1,500 crore capex in FY27, plans to double scooter capacity
Hero MotoCorp will spend Rs 1,500 crore in FY27 to double scooter production capacity, betting on rising demand for its Destini and Xoom models in India's two-wheeler retail market.
Hero MotoCorp plans Rs 1,500 crore capex in FY27 to double scooter production capacity, riding rising demand for Destini and Xoom models in India's two-wheeler retail market.
Why this matters
Hero MotoCorp is doubling down on scooters, a segment where it has historically lagged Honda and TVS. The FY27 capex signals a strategic push to reclaim share via Destini and Xoom amid shifting two-wheeler preferences.
Retail-company activity steady with 465 signals in the last 90 days.