Hero MotoCorp Reports Impressive Sales Growth in 2024

Two-wheeler giant Hero MotoCorp has announced a remarkable 7.5% increase in total sales, reaching 59,11,065 units in 2024, up from 54,99,524 units in the previous year. This growth highlights the company's strong performance and its ability to meet the evolving needs of its customers.

Global Expansion and Electric Vehicle Success

Hero MotoCorp has not only excelled in its domestic market but also made significant strides globally, with a 49% growth in international sales. The company launched eight new models tailored to specific regional preferences, further cementing its position as a global leader in the two-wheeler industry. Additionally, Hero MotoCorp has made notable progress in the electric vehicle (EV) sector, selling over 46,662 units of the VIDA V1 e-scooter in 2024.

Looking Ahead: A Promising Future

Niranjan Gupta, CEO of Hero MotoCorp, expressed optimism about the company's future, stating, "As we look forward to calendar year 2025, we are poised for an exciting journey with key product launches including expansion of EV portfolio, further strengthening of premium portfolio and new scooter models in ICE segment." Gupta also highlighted the potential for stronger demand recovery, driven by an improvement in customer sentiment.