Hero MotoCorp , the world's largest manufacturer of motorcycles and scooters, has announced a significant price reduction across its product range, effective September 22, 2025. This move comes as the company decides to pass on the complete benefit of the next-generation GST 2.0 reforms directly to its customers, just in time for the festive season.

Substantial Price Benefits

Customers can now enjoy price benefits of up to ₹15,743 on select models (ex-showroom Delhi). The initiative aims to make Hero MotoCorp's popular motorcycles and scooters more accessible to a broader consumer base. Here's a breakdown of the maximum GST benefits for some key models:

Boosting Accessibility and Affordability

Mr. Vikram Kasbekar, Chief Executive Officer of Hero MotoCorp, emphasized the significance of this initiative, stating, "We welcome the Government's next-gen GST 2.0 reforms, which will boost consumption, empower GDP growth, and accelerate India's journey to a $5 trillion economy." He further added that the timing is opportune, coming just ahead of the festive season, making two-wheelers more affordable and accessible for India's largest consumer base.

Impact on Rural and Semi-Urban Markets

The company believes this move will particularly enhance accessibility and affordability in rural and semi-urban regions. Two-wheelers in these areas are not just a means of personal mobility but also vital enablers of livelihood and social empowerment. By making their products more affordable, Hero MotoCorp aims to support the lower middle-class segment where two-wheelers play a crucial role in daily life.

Supporting 'Make in India' Vision

Hero MotoCorp's decision to pass on the full GST benefit to customers aligns with its commitment to enabling mobility, empowering families, and supporting the 'Make in India' vision. This initiative is expected to give a strong push to demand in the two-wheeler sector, potentially contributing to the broader economic growth.

As the festive season approaches, Hero MotoCorp's price reduction strategy could set a precedent in the automotive industry, potentially influencing market dynamics and consumer behavior in the coming months. Customers are advised to check with Hero Premia dealerships across India for the exact prices of their preferred two-wheeler variants.

Hero MotoCorp , the world's largest manufacturer of motorcycles and scooters, has announced a significant leadership change that promises to shape its future trajectory. The company's Board of Directors has appointed Harshavardhan Chitale as the new Chief Executive Officer (CEO), effective January 5, 2026.

A Seasoned Leader at the Helm

Chitale brings over three decades of global leadership experience to Hero MotoCorp, with a diverse background spanning both B2B and B2C sectors. His expertise encompasses industrial automation, lighting, IT services, and digital transformation—skills that are likely to be crucial as Hero MotoCorp navigates the evolving landscape of mobility.

Impressive Track Record

Prior to joining Hero MotoCorp, Chitale served as the Global CEO of Signify's €4 billion Professional Business, where he led a workforce of 12,000 employees across 70 countries. Under his leadership, the business doubled its profitability and launched over 100 products annually, including IoT-enabled lighting ecosystems.

Chitale's career also includes notable stints as:

• Vice Chairman & Managing Director of Philips Lighting India
• CEO and Board Member at HCL Infosystems
• Leadership role at Honeywell Automation India

Academic Excellence and Entrepreneurial Spirit

An alumnus of the Indian Institute of Technology, Delhi, Chitale was awarded the Director's Gold Medal for being the best student in his graduating class. Beyond his corporate roles, he is an active angel investor in emerging sectors such as EVs, clean energy, health-tech, and agri-tech.

Strategic Vision for Hero MotoCorp

Dr. Pawan Munjal, Executive Chairman of Hero MotoCorp, expressed confidence in Chitale's appointment, stating, "Harsh's outstanding track record in driving growth, fostering innovation, and leading global transformation makes him the ideal leader for Hero MotoCorp at this pivotal moment."

Munjal further elaborated on the company's future direction: "His vision and dynamism will accelerate our journey across electric and emerging mobility, premiumization, digitalization, sustainability, and organizational renewal — shaping the future of mobility and beyond."

Leadership Transition

As part of this leadership change, Vikram Kasbekar, who has been serving as the Acting CEO, will step down from this interim role. The Board of Directors has expressed gratitude for Kasbekar's contributions during the transition period. Kasbekar will continue to serve on the Board of Hero MotoCorp as Executive Director and Chief Technology Officer.

Looking Ahead

With Chitale's appointment, Hero MotoCorp signals its intent to strengthen its position in the rapidly evolving mobility sector. His global experience and expertise in digital transformation could prove instrumental as the company navigates challenges and opportunities in electric vehicles, emerging markets, and technological advancements in the automotive industry.

As Hero MotoCorp prepares for this new chapter under Chitale's leadership, stakeholders will be watching closely to see how the company adapts to the changing landscape of global mobility and maintains its market-leading position.