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Hero MotoCorp betting big on scooters, EVs a work in progress: Pawan Munjal

He says Hero aims to sell over 10 million units in the coming year

Pawan Munjal, Chairman, managing director and chief executive officer, Hero MotoCorp
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Pawan Munjal, Chairman, managing director and chief executive officer, Hero MotoCorp

Ajay Modi New Delhi
 
The country’s largest two-wheeler major, Hero MotoCorp, has been betting big on scooters for a while. The company has a 13 per cent share in the segment and aims to expand it with the launch of two new products in the 125cc category. Pawan Munjal, chairman and managing director, tells Ajay Modi that the company’s share in the scooter segment is not satisfactory. Edited excerpts.

A couple of years ago you had talked about gunning for leadership in the scooter segment. The company now has a 13 per cent share. Are we moving in the right direction?

The