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Hero MotoCorp appoints Arun Jaura as CTO; chief compliance officer resigns

Two-wheeler maker Hero MotoCorp on Friday announced the appointment of industry veteran Arun Jaura as its chief technology officer (CTO) to lead the company's research and development (R&D). The company, in a statement, also announced the resignation of Neerja Sharma, company secretary and chief compliance officer. Jaura, who was the managing director of Michelin India Technology Center before taking up the current position, reports to Hero MotoCorp Chairman and CEO Pawan Munjal, the company said in a statement. Vikram Kasbekar, who has been leading the R&D function at Hero MotoCorp in the past two-and-a-half years, will support Jaura for a seamless transition and continue to work on some key assignments in the coming months, it said. The appointment of Jaura, a global technology expert, is aimed at strengthening the company's leadership team amid its continued focus on its vision 'Be the Future of Mobility', Hero MotoCorp said. Sharma has decided to take a pause and refresh .

Hero ready to use its cash balance to take on Ola's e-two-wheeler foray

The company will launch its first electric scooter in March 2022

Hero MotoCorp sell 576,957 units in March on recovery in consumer demand

In March this year, the company registered highest-ever sales in Global Business in a single month by clocking 32,617 units

Brands break gender stereotype as PepsiCo, Hero bring in women cricketers

Brands are turning to women cricketers also as part of a larger shift in the advertising narrative.

Hero bets on premium 125 cc segment for scooters despite slowdown in market

The company is following a similar strategy of premiumisation for motorcycles where its strength lies primarily in the entry level segment of 100-110 cc

Hero MotoCorp forays into 125-cc scooter segment with Destiny 125

Destini 125 comes with two variants priced at Rs 54,650 and Rs 57,500, respectively (ex-showroom)

E-scooter makers Hero & Okinawa to boost growth by launching new vehicles

Despite roadblocks, in the form of GST and uncertainty over continuation of Fame schemes, electric two-wheeler makers are going ahead with their investment plans.Hero has said that it would invest over around Rs 50-75 crore a year to bring high speed scooters, while the new entrant Okinawa said that it would invest around $40 million (around Rs 300 crore). Interestingly this company is even planning to manufacture batteries, through its vendors, locally.India's e-two wheeler market is all set to double from 24,000 units to 45,000 units this year.Hero, which is the market leader in the e-two wheeler space claims around 65 per cent market share in the e-scooter space.Sohinder Gill, CEO, Hero Electric & Director-Corporate Affairs added his company aims to be a Rs 1,000 crore company in the next four years as against around Rs 100 crore.To support the growth the company is planning to launch at least two new scooters every year for the next few years. Each would attract an investment .