Hero MotoCorp is strategically positioning itself for growth across multiple segments, targeting expansion in scooters, premium bikes, and electric vehicles.

Hero MotoCorp is strategically positioning itself for growth across multiple segments, targeting expansion in scooters, premium bikes, and electric vehicles. The company reported strong Q3 performance with revenue of ₹12,487 crore and net profit of ₹1,275 crore, representing a 16% increase in vehicle sales compared to the previous fiscal year. CEO Harshvardhan Chitale highlighted significant growth opportunities in under-represented categories, particularly emphasizing potential in scooters, premium motorcycles, global markets, and electric vehicles. The company's ambitious strategy includes leveraging its extensive vehicle park and focusing on parts and accessories business. CFO Vivek Anand stressed the importance of building a flexible and resilient supply chain to navigate potential future industry disruptions.