Hero MotoCorp Ltd has added five new senior leaders over the past year in its biggest reset since Pawan Munjal stepped down as CEO in May 2023, appointing Harshavardhan Chitale from Signify as CEO, Srihari Mulgund from EY-Parthenon as strategy officer, Sachin Agarwal from VE Commercial Vehicles Ltd as CTO, Kausalya Nandakumar from Mahindra and Mahindra as emerging mobility business chief, and Latika Taneja from Shell as corporate affairs head to build capabilities in electric vehicles and premium motorcycles.

Hero MotoCorp Limited was among companies including Maruti Suzuki India, Marico, Godrej Consumer Products, Hyundai Motor India, Bajaj Auto and Blue Star that increased contribution of exports to total revenue by 1-5 percentage points in FY26, according to an ET study of 20 large companies whose combined export forex earnings grew 29% to exceed Rs 1,08,269 crore.

Hero MotoCorp Limited has begun work on the second phase of its Tirupati expansion, Andhra Pradesh Economic Development Board CEO Sagili Shan Mohan said, planning three assembly lines with trial production around March 2027 backed by around Rs 600 crore investment plus a Global Component Centre and supplier ecosystem.

Hero MotoCorp Limited has invested Rs 720 crore in Euler Motors for a 34% stake, its largest shareholding, mirroring its 29.2% stake in Ather Energy Limited valued at about Rs 16,000 crore on a cumulative Rs 2,600 crore investment. Hero MotoCorp first invested in Euler Motors in March 2025 to enter commercial three- and four-wheelers, helped expand Euler's network from 30-35 to 112 cities, and its chairman Pawan Munjal inaugurated a new electric four-wheeler line at Euler's Palwal plant, while its executive Kausalya Nandakumar joined Euler's board in October 2025.

Hero MotoCorp Limited doubled its electric two-wheeler market share to 12.33% in the four months ended July 2026 with its Vida brand, while its petrol-powered motorcycle and scooter share fell to 27.45% from 28.61% at end-FY25. Chief Executive Harshavardhan Chitale said channel inventory is virtually nil at 2 to 3 days and whatever is shipped is retailed immediately. The company raised EV capacity to close to 30,000 per month in August and plans to reach close to 45,000 per month before end of FY27, tripling capacity within the financial year.