Two-wheeler market chief Hero MotoCorp has earmarked ₹1,500 crore capex for FY27 to double its scooter production capacity, in accordance to its CEO Harshavardhan Chitale.
The corporate has additionally dedicated over ₹700 crore of funding in constructing a worldwide components centre in South of India, he instructed analysts.
“We’re investing in capacity growth, and we’ve dedicated over ₹1,500 crore of capex in FY27. And this capex goes to develop our capacity in scooters, the place for a few of our fashions which can be doing very effectively, we’re doubling our capacity,” Chitale stated.
With the corporate doing “60,000-odd scooter quantity run fee” month-to-month at current, when requested if doubling it may imply nearer to 1 lakh, he stated,”That is our ambition.” Elaborating on the scooter capacity growth, Chitale stated within the ICE (inside combustion engine) scooters, Hero MotoCorp has elevated ‘Destini’ mannequin capacity by 50 per cent already.
“We’re within the means of doubling our Xoom capacity,” he added.
On EV, he stated,”We’re shut to finishing an growth, which can successfully get us 50 per cent extra capacity than the final quarter after which extra few quarters down the street, we’re in means of additional doubling capacity.” The corporate has gone from 15,000 items to 25,000 items and can additional double that capacity earlier than the tip of this yr, he added.
On new funding within the components centre, Chitale stated,”We’re additionally making important funding in constructing up a second components middle, which goes to assist in additional growth of our components and equipment enterprise. Now we have dedicated over ₹700 crore of funding in constructing out a worldwide components middle in South of India.” On the influence of the West Asia struggle on demand, Chitale stated in April and the primary week of Might demand momentum continued and there was no softening of demand.
Earlier than the struggle broke out the two-wheeler business was anticipating excessive single-digit quantity progress in FY27 however with the scenario ever evolving it wants to be monitored the way it impacts demand due to the uncertainty that it creates, he added.
Revealed on Might 17, 2026
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