Hero MotoCorp , India's leading two-wheeler manufacturer, is gearing up for what it expects to be a record-breaking festive season, driven by strong early indicators and recent GST rate reductions on motorcycles.

Impressive Sales Growth

The company has reported a robust 13% growth in sales, reaching 15.98 lakh units during a 32-day festive period. This significant increase in sales volume underscores the growing demand for Hero MotoCorp's products across various segments.

Surge in Consumer Interest

Ashutosh Varma, Chief Business Officer of Hero MotoCorp, highlighted a remarkable uptick in consumer engagement. The company has observed double the showroom traffic compared to the previous year, accompanied by substantial increases in consumer sentiment, enquiries, and bookings.

GST Rate Reduction Impact

A key factor contributing to the positive outlook is the recent decision by the GST Council to reduce tax rates on motorcycles under 350cc to 18%. However, bikes above 350cc continue to face a 40% GST rate. In response to this tax benefit, Hero MotoCorp has taken a consumer-friendly approach by passing on 100% of the GST benefits to its customers.

Additional Incentives for First-Time Buyers

To further stimulate demand, especially among new entrants to the two-wheeler market, Hero MotoCorp is offering additional benefits of up to Rs 15,000.00 for first-time buyers. This initiative is expected to attract a new segment of consumers and contribute to the company's sales growth.

Strong Demand Across Segments

The company is witnessing robust demand across both entry-level and premium segments. Particularly strong traction is observed in the 100cc and 125cc commuter motorcycle categories, which form the backbone of Hero MotoCorp's product portfolio.

Urban and Rural Market Performance

Hero MotoCorp reports strong demand in both urban and rural markets. The company anticipates further improvement in rural demand as the harvesting season concludes, potentially leading to increased disposable income in rural areas.

Outlook

With these positive indicators and strategic initiatives in place, Hero MotoCorp is well-positioned to capitalize on the festive season demand. The combination of GST benefits, additional customer incentives, and a diverse product range catering to various market segments suggests that the company could indeed be on track for a record-breaking festive season in terms of sales and market performance.

Hero Motocorp , India's leading two-wheeler manufacturer, has announced a significant addition to its leadership team. Madhuri Mehta will be joining the company as the Chief Human Resources Officer (CHRO), effective October 1, 2025. This strategic appointment comes as Hero MotoCorp continues to strengthen its global presence and focus on organizational growth.

A Wealth of Experience

Madhuri Mehta brings over 24 years of extensive HR experience across diverse industries to her new role at Hero MotoCorp. Her impressive career includes a recent stint at Emaar India, where she served as CHRO and Head of Communities. Prior to that, Mehta spent 16 years at Dalmia Bharat Group, holding various leadership positions. Her early career also includes valuable experience at Bharti Airtel.

Recognition and Expertise

Mehta's expertise in human resources management has not gone unnoticed in the industry. She was recently honored as the Best HR Leader of the Year at the prestigious Economic Times Human Capital Awards 2025. This recognition underscores her ability to drive impactful HR strategies and initiatives.

Strategic Role at Hero MotoCorp

In her new position, Mehta will be responsible for:

• Leading Hero MotoCorp's global people strategy
• Spearheading culture transformation initiatives
• Driving capability-building programs

Her role will be crucial in aligning the company's human resources practices with its ambitious growth plans and global expansion strategy.

Leadership's Perspective

Dr. Pawan Munjal, Executive Chairman of Hero MotoCorp, expressed confidence in Mehta's appointment. He highlighted her experience in linking people strategy with business outcomes as a key factor that will support the company's growth journey and global expansion plans.

Looking Ahead

As Hero MotoCorp prepares for the future, the appointment of Madhuri Mehta as CHRO signals the company's commitment to nurturing talent and fostering a strong organizational culture. With her extensive experience and proven track record, Mehta is well-positioned to contribute significantly to Hero MotoCorp's human resources strategies and overall business objectives.

Trading Window Closure

In a related development, Hero MotoCorp has announced the closure of its trading window for designated persons. According to a company filing, the trading window will remain closed from October 1, 2025, until 48 hours after the declaration of financial results for the quarter and half-year ending September 30, 2025. This measure is in compliance with SEBI regulations and the company's Code of Conduct for regulating, monitoring, and reporting trading by designated persons.