Highlights
Hero MotoCorp Reports Sales Growth in 2024
Hero MotoCorp, a leading two-wheeler manufacturer, announced a notable increase in total sales for 2024, reaching 59,11,065 units, a rise of 7.5% compared to 54,99,524 units in 2023. The company demonstrated robust performance with a remarkable 49% growth in global business sales during the calendar year 2024.
New Model Launches
In its commitment to catering to diverse customer preferences worldwide, Hero MotoCorp introduced eight new models globally in 2024.
Progress in Electric Vehicles
In the electric vehicle (EV) sector, Hero MotoCorp achieved significant milestones, achieving sales of over 46,662 units of the VIDAV1 e-scooter in 2024.
CEO’s Statement on 2024 Achievements
Describing 2024 as a landmark year for Hero MotoCorp, CEO Niranjan Gupta stated, “Growth across multiple segments — from our core offerings, the 125cc motorcycle segment, to our evolving electric mobility portfolio — has reinforced Hero’s position as the preferred brand for millions of customers across the country.”
Looking Ahead to 2025
Regarding future prospects, he noted, “As we approach calendar year 2025, we are ready for an exciting journey ahead with key product launches, including the expansion of our EV portfolio, further consolidation of our premium offerings, and new models in the ICE scooter segment.”
Gupta also mentioned, “We are optimistic that an improvement in broader customer sentiment could result in even stronger demand recovery for both us and the industry.”
