Who is the director of Hero Electric?
Naveen Munjal: Managing Director of Hero Electric. They are also an angel investor in 9 startups and serve on the board of 1 company. MR. NAVEEN MUNJAL. Naveen Munjal is the Managing Director of Hero Electric Vehicles Pvt.
Which country owns Hero company?
Hero MotoCorp Limited is an Indian multinational motorcycle and scooter manufacturer headquartered in Delhi. It has a market share of about 30% in the Indian two-wheeler industry. Net profit for the quarter was INR 14. YoY growth. In FY2026, Hero MotoCorp sold 64. INR 468. INR 52. The EBITDA margin for the year was 14.Hero MotoCorp is forecast to grow earnings and revenue by 6. EPS is expected to grow by 6. Return on equity is forecast to be 25.News: In a regulatory filing, Hero MotoCorp has informed exchanges that it has purchased additional 2. Ather Energy (prominent player in Electric Mobility) via secondary stake purchase for a sum of ~₹124 crore.Hero’s previous investment in the EV space The company already holds a 40. Ather Energy, having recently increased its share by 2. Rs 124 crore investment. Additionally, Hero MotoCorp launched its own EV brand, Vida, in 2022, offering the Vida V2 electric scooters.Hero MotoCorp is targeting to expand its electric vehicle (EV) production-linked incentive (PLI) coverage to as high as 90 per cent in the financial year 2026-27 (FY27), as the two-wheeler maker steps up investments to scale its EV business and narrow losses.
Who is CEO of Hero Company?
Harshavardhan Chitale – CEO – Hero MotoCorp Ltd. We’re excited to welcome Harshavardhan Chitale as the CEO of Hero MotoCorp. With 3+ decades of global leadership experience, he joins us at a pivotal moment to drive innovation, sustainability, and growth as we re-define the future of mobility.
Are Hero Electric and Hero MotoCorp the same company?
While the two companies have similar names, Hero Electric and Hero MotoCorp’s Vida are not related in any way. India’s biggest two-wheeler manufacturer, Hero MotoCorp, recently launched its first electric scooter, Vida V1 , at Rs 1. However, in 2010, Hero and Honda parted ways, leading to the formation of Hero MotoCorp, which continued focusing on petrol-powered two-wheelers. Meanwhile, Hero Electric, led by Naveen Munjal, emerged as a separate entity dedicated solely to electric vehicles.Hero MotoCorp is the world’s largest two-wheeler manufacturer, offering a wide range of commuter and premium motorcycles known for their fuel efficiency, reliability, and strong after-sales network.Pawan Kant Munjal (born 1954) is an Indian billionaire businessman, and the chairman, managing director and CEO of Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters.Pawan Kant Munjal (born 1954) is an Indian billionaire businessman, and the chairman, managing director and CEO of Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters. India Today magazine ranked him #49th in its India’s 50 Most Powerful People of 2017 list.