Hero MotoCorp Plans to Triple EV Capacity in FY27, Eyes Double-Digit Industry Growth 12 mins ago
Hero MotoCorp's concall update outlines a phased EV capacity tripling within FY27 — from 15,000 to 45,000 units per month — alongside expectations of double-digit two-wheeler industry growth and PLI accruals covering 100% of its EV portfolio by December 2026. Management targets a medium-term EBITDA margin of 14% to 16%, while planning to offset Q2 FY27 input cost pressures through product mix improvements and cost-saving initiatives.
HAL Revives Su-30MKI Production; ₹60,000-Crore Fleet Upgrade Also Planned 13 mins ago
India's Non-Fossil Power Capacity Crosses 300 GW, Solar Energy Leads the Charge 13 mins ago
Lupin's U.S. Business Anticipated To Return To Growth Starting Fiscal Year '28, Supported By Strong Pipeline 27 mins ago
Apollo Tyres Plans Capacity Expansion in Hungary and India to Boost Daily Car Tyre Output 50 mins ago