Hero MotoCorp aggressive expansion strategy signals confidence in two-wheeler market growth. The company is investing ₹1,500 crore in FY27 to double scooter production capacity, with ambitions to reach 1 lakh monthly units from current 60,000 units. CEO Harshavardhan Chitale highlighted significant capacity increases across key models including 50 percent expansion in Destini and doubling of Xoom capacity. In electric vehicles, the company plans to double capacity before year-end after recent expansion to 25,000 units. Additionally, Hero MotoCorp committed ₹700 crore for a global parts center in South India to strengthen its accessories business. Despite geopolitical uncertainties from West Asia tensions, demand momentum remained strong in April and early May, supporting the company's growth outlook for FY27.
