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The Economic Times

Economy / The Economic Times

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Hero MotoCorp sees commuter bike demand rebound, plans Rs 3,200 crore expansion

Hero MotoCorp sees a strong revival in commuter motorcycle demand, signaling improved consumption among entry-level buyers. The company is significantly boosting production capacity, investing Rs 3,200 crore in Andhra Pradesh to double output and establish a global parts center. Chairman Pawan Munjal expressed optimism about continued healthy growth in the two-wheeler market, despite global uncertainties, and highlighted progress in premium segment collaborations and electric vehicle development.

1 Jul 2026 9:44 pm