Hero MotoCorp plans major expansion with Rs 1,500 crore capex in FY27. The two-wheeler leader aims to double its scooter production capacity, targeting 1 lakh units monthly from current 60,000 units. The company is expanding Destini model capacity by 50 percent and doubling Xoom capacity. In electric vehicles, Hero MotoCorp will increase capacity by 50 percent in the near term and further double it later. Additionally, the company commits Rs 700 crore for a global parts center in South India to strengthen its accessories business. Despite West Asia geopolitical concerns, demand remained strong in April and early May. The industry expects high single-digit volume growth in FY27, though ongoing uncertainties require continued monitoring of market conditions.
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