
Hero MotoCorp to enter Europe in FY26, eyes global growth
MotoCorp
will launch operations in Germany, France, Spain, and the UK in Q2 FY26, marking a bold step in its global expansion strategy,
PTI
reports. Chairman
Pawan Munjal
confirmed the move in the company's FY25 annual report, highlighting the company's commitment to 'mobility without boundaries.'
In FY25, Hero saw a 43 per centYoY growth in
international markets
, driven by solid traction in
South Asia
and
Latin America
. Munjal said the company is now ready to scale in Europe, backed by engineering excellence and innovation.
EV Momentum with VIDA
Hero's electric sub-brand VIDA reported a 200 per cent surge in sales, aided by expanded retail presence. The VIDA V2 model has enhanced accessibility for urban EV buyers. The company also strengthened its EV ecosystem through partnerships, including a tie-up with Ather Energy and a co-developed premium electric motorcycle with Zero Motorcycles.
A ₹510 crore investment in Euler Motors has helped Hero enter the electric three-wheeler space, reinforcing its commitment to clean mobility.
Executive Director & Acting CEO Vikram S Kasbekar said FY26 would be a year of acceleration. Hero plans to sharpen its premium product strategy, scale electric mobility, and deepen global reach while maintaining customer focus and operational excellence.

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Time of India
4 hours ago
- Time of India
Delhi HC bars Urban Electric from using Hero's ‘DESTINY' mark
The Delhi High Court has granted an ex parte ad-interim injunction in favour of Hero MotoCorp , restraining Urban Electric Mobility and associated entities from using the marks 'DESTINY', 'DESTINY+' and 'DESTINY PRO' for their electric scooters. Justice Tejas Karia passed the order on August 13 in a suit filed by Hero MotoCorp alleging trademark infringement , passing off and unfair competition, Bar & Bench reported. Hero MotoCorp told the court it is the prior and registered proprietor of the marks 'DESTINY', 'DESTINI' and 'DESTINI PRIME' under Classes 12 and 37. The company alleged that defendants 1–4, operating as Urban ebikes, were manufacturing and selling scooters under the 'DESTINY' and 'DESTINY+' names, while defendants 5–6, trading as Galaxy EV, were selling and promoting scooters under 'DESTINY' and 'DESTINY PRO' through a commercial arrangement with the first set of defendants. The company further argued that the impugned marks are structurally, phonetically and visually identical to its registered marks, adopted with the intent to ride on Hero's goodwill and reputation. It also submitted that defendants 1–3 had been using the 'HERO' mark, perpetuating misrepresentation and causing potential consumer confusion. Judgement Justice Karia observed that Hero MotoCorp had made out a case for urgent relief. 'A prima facie case has been made out by the Plaintiff for grant of an ex-parte ad-interim injunction. Balance of convenience is in favour of the Plaintiff and against the Defendants. Irreparable injury would be caused to the Plaintiff if the Defendants are allowed to continue to use the Impugned Marks,' the court held. Accordingly, the defendants, their owners, directors, employees and associates have been restrained from manufacturing, selling, advertising, or promoting scooters under the disputed marks, either offline or online, or from using any mark deceptively similar to Hero's 'DESTINY', 'DESTINI' and 'DESTINI PRIME'. Hero was represented by Advocates Saikrishna Rajagopal, Sidharth Chopra, Kanishk Kumar, Deepika Pokharia, Priyansh Kohli and Abhinav Bhalla from Saikrishna & Associates. ( With inputs from Bar & Bench )


Time of India
3 days ago
- Time of India
ET Make in India SME Regional Summits: How Lahori Zeera stormed India's beverage aisles
Live Events Product: It has to be genuinely good, something people crave. Price: 'South Bombay and South Delhi are not India,' Munjal noted. 'Out of 145 crore people, only 10 crore file income tax returns, and half of those pay zero. Our brand is built for the other 135 crore.' Distribution: If the product and price are right, retailers will welcome it. It started, quite literally, in the ordinary day, three cousins sat together. Not with a business plan, but with the simple urge to build something — anything. Then, one cousin wandered into the kitchen, made a concoction, and served it. The first sip of that concoction became their 'Eureka!' case you're wondering, it was a jeera drink. And that drink became the spark for Lahori Zeera , the cult favourite 'chatpata' beverage that holds its own in India's cutthroat soft drink market.'It's something so basic, yet so deeply part of our culture,' recalled Saurabh Munjal, Co-Founder and CEO of Archian Foods Pvt Ltd , the company behind Lahori Zeera. 'But we thought 'why not make this commercial?''Munjal headlined the business success story fireside chat at the ET Make in India SME Regional Summit in Chandigarh, which took place on August 7. IDBI was the banking and lending partner, and Canon was the tech enabler for the of Lahori Zeera's early days, Munjal added that he couldn't help but compare India's limited beverages with the dizzying variety in supermarkets abroad. 'Even in Tier-I Indian cities, the options were sparse,' he said. 'We knew this was the right space to enter.'From day one, Lahori Zeera set out to be more than a drink: it would be a statement of Indianness. When Munjal pitched the idea to his father after returning from Singapore, the reaction was blunt: 'You want to compete with Coke and Pepsi? Are you crazy?'It was a daunting challenge, but it taught the team some important first was that India is not one market. Saurabh calls it the 'United States of India', where languages, cultures, and taste profiles change every 100 km. Even a simple vegetable dish tastes different in every state. And so the brand had to adapt to local preferences, one region at a second lesson was that local flavours matter. India is unusual in how Coke and Pepsi dominate; in many countries, half the market belongs to local beverages, Munjal pointed third lesson was that there's no one-size-fits-all formula. Success meant going deep and understanding districts, cities, and states the ET SME Summit - Chandigarh, Munjal also shared that Lahori Zeera's rise didn't depend on Blinkit, Swiggy Instamart, or other quick commerce players. 'In beverages, 70% of sales, even for Coke and Pepsi, come from local kiranas,' he said. For Lahori Zeera, general trade contributes 98% of commerce has its place in dense urban pockets, but for most of India, the corner shop remains king. 'Both will coexist. But kirana stores are still the backbone,' he into the FMCG sector equals fighting for shelf space, and incumbents don't give it up easily. In impulse-buy categories like Lahori Zeera's, you might get someone to try your drink once through marketing or fancy packaging. But if it's not good, they won't buy Lahori Zeera, three pillars were non-negotiable:And when it comes to startup valuations, Munjal believes there should be more to them than revenue. The founder, potential scale, and size of the category all matter; a small category caps growth quickly, but a large one offers room to scale. But profitability counts above all. If it's not profitable, you're doing something wrong, he to the Archian Foods CEO, we are living in India's golden era, a rare moment when capital, talent, infrastructure, and policy are all aligned. He also offered crucial advice for young entrepreneurs in Punjab: to dream, desire, and do. Many people dream and desire, but never act:'Your kids will one day ask, 'when India was having its moment, what were you doing?' My suggestion is to stop overthinking and start doing. The path won't be easy, but you'll find your way.'Today, Lahori Zeera is sold in 15 Indian states and proudly headquartered in Chandigarh, with no plans to shift base. The brand aims to go pan-India soon, and achieve an international presence within five ultimate goal? 'To be the preferred beverage brand in India,' Munjal concluded without hesitation at the ET Make in India SME Regional Summit - the brand's journey from a kitchen experiment to a large-scale player, that dream doesn't sound ET Make in India SME Regional Summits, ET MSME Day, and ET MSME Awards are flagship initiatives to celebrate the versatility and success of India's MSME sector. If you lead or are part of a micro, small, or medium enterprise, register for the ET MSME Awards 2025 before August 31, 2025.


Economic Times
3 days ago
- Economic Times
ET Make in India SME Regional Summits: How Lahori Zeera stormed India's beverage aisles
It started, quite literally, in the ordinary day, three cousins sat together. Not with a business plan, but with the simple urge to build something — anything. Then, one cousin wandered into the kitchen, made a concoction, and served it. The first sip of that concoction became their 'Eureka!' moment. In case you're wondering, it was a jeera drink. And that drink became the spark for Lahori Zeera, the cult favourite 'chatpata' beverage that holds its own in India's cutthroat soft drink market. 'It's something so basic, yet so deeply part of our culture,' recalled Saurabh Munjal, Co-Founder and CEO of Archian Foods Pvt Ltd, the company behind Lahori Zeera. 'But we thought 'why not make this commercial?'' Munjal headlined the business success story fireside chat at the ET Make in India SME Regional Summit in Chandigarh, which took place on August 7. IDBI was the banking and lending partner, and Canon was the tech enabler for the summit. Speaking of Lahori Zeera's early days, Munjal added that he couldn't help but compare India's limited beverages with the dizzying variety in supermarkets abroad. 'Even in Tier-I Indian cities, the options were sparse,' he said. 'We knew this was the right space to enter.'As desi as it getsFrom day one, Lahori Zeera set out to be more than a drink: it would be a statement of Indianness. When Munjal pitched the idea to his father after returning from Singapore, the reaction was blunt: 'You want to compete with Coke and Pepsi? Are you crazy?'It was a daunting challenge, but it taught the team some important first was that India is not one market. Saurabh calls it the 'United States of India', where languages, cultures, and taste profiles change every 100 km. Even a simple vegetable dish tastes different in every state. And so the brand had to adapt to local preferences, one region at a second lesson was that local flavours matter. India is unusual in how Coke and Pepsi dominate; in many countries, half the market belongs to local beverages, Munjal pointed third lesson was that there's no one-size-fits-all formula. Success meant going deep and understanding districts, cities, and states the ET SME Summit - Chandigarh, Munjal also shared that Lahori Zeera's rise didn't depend on Blinkit, Swiggy Instamart, or other quick commerce players. 'In beverages, 70% of sales, even for Coke and Pepsi, come from local kiranas,' he said. For Lahori Zeera, general trade contributes 98% of commerce has its place in dense urban pockets, but for most of India, the corner shop remains king. 'Both will coexist. But kirana stores are still the backbone,' he said. Formulae for success Breaking into the FMCG sector equals fighting for shelf space, and incumbents don't give it up easily. In impulse-buy categories like Lahori Zeera's, you might get someone to try your drink once through marketing or fancy packaging. But if it's not good, they won't buy Lahori Zeera, three pillars were non-negotiable: Product: It has to be genuinely good, something people crave. Price: 'South Bombay and South Delhi are not India,' Munjal noted. 'Out of 145 crore people, only 10 crore file income tax returns, and half of those pay zero. Our brand is built for the other 135 crore.' Distribution: If the product and price are right, retailers will welcome it. And when it comes to startup valuations, Munjal believes there should be more to them than revenue. The founder, potential scale, and size of the category all matter; a small category caps growth quickly, but a large one offers room to scale. But profitability counts above all. If it's not profitable, you're doing something wrong, he said. According to the Archian Foods CEO, we are living in India's golden era, a rare moment when capital, talent, infrastructure, and policy are all aligned. He also offered crucial advice for young entrepreneurs in Punjab: to dream, desire, and do. Many people dream and desire, but never act: 'Your kids will one day ask, 'when India was having its moment, what were you doing?' My suggestion is to stop overthinking and start doing. The path won't be easy, but you'll find your way.' More to come Today, Lahori Zeera is sold in 15 Indian states and proudly headquartered in Chandigarh, with no plans to shift base. The brand aims to go pan-India soon, and achieve an international presence within five ultimate goal? 'To be the preferred beverage brand in India,' Munjal concluded without hesitation at the ET Make in India SME Regional Summit - the brand's journey from a kitchen experiment to a large-scale player, that dream doesn't sound farfetched. The ET Make in India SME Regional Summits, ET MSME Day, and ET MSME Awards are flagship initiatives to celebrate the versatility and success of India's MSME sector. If you lead or are part of a micro, small, or medium enterprise, register for the ET MSME Awards 2025 before August 31, 2025.