Hero MotoCorp Paints Upward Trajectory, Dispatches 5.08 Lakh Units In May
Hero MotoCorp, the world's largest manufacturer of motorcycles and scooters, dispatched 5.08 lakh motorcycles and scooters during May 2025, achieving both sequential and annual growth. The company continued its strong market momentum in the month with 5 lakh VAHAN* registrations, underlining a sustained customer preference and demand. The company continued to gain retail market share in May 2025, aided by the positive response for its new products across the motorcycle and scooter categories.
VIDA, powered by Hero MotoCorp, continued to deliver growth with dispatches of 8361 units and 7161 VAHAN registrations for the VIDA V2 electric scooter range. VIDA achieved a VAHAN market share of 7.2% indicating sustained progress.
VIDA is set to electrify the market with a new product launch on July 1, 2025.
Hero MotoCorp's global retail performance also showed robust momentum, particularly in Bangladesh and Colombia. Exports maintained a steady trajectory, with growth anticipated in the near future underscoring increasing demand for the company's offerings in key geographies.
The company continued its strategic expansion in the premium segment by further expanding the Premia outlets, its premium retail network, reaching over 100 locations across the country.
In May, VIDA launched the 'Charging Simple Hai' campaign during the ongoing IPL season. Showcasing its removable battery technology with the message "Every plug point is a VIDA charging point", the campaign highlights the ease of charging VIDA's batteries using any standard 5-amp socket - making electric mobility truly convenient and accessible.
Hero MotoSports Team Rally is further strengthened by the addition of Austrian talent Tobias Ebster. The team showcased a commendable performance at the South African Safari Rally, with Ignacio "Nacho" Cornejo securing a solid 6th place. Despite a fall, FIM world champion Ross Branch demonstrated resilience and finished in an impressive 11th position.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
15 hours ago
- Mint
IPL 2025: Restaurants see strong delivery growth driven by cricket fever
New Delhi: The just-ended 18th season of the Indian Premier League (IPL) continued to drive growth for restaurants, especially those doing deliveries. The eateries business grew by up to 20% as late evening matches kept the order tap flowing. With record viewership annually, the boom was in line with growth seen during previous editions. The importance of IPL has only grown for restaurant chains, especially as they have struggled with tepid demand in the December quarter and the early part of the March quarter. Also read: United Spirits is on a high after RCB's IPL win, JP Morgan upgrade and UK FTA. Can it keep buzzing? The Twenty20 cricket tourney began on 22 March and ended on 3 June. Jasper Reid, entrepreneur and founder of International Market Management Ltd (IMM), a London-based firm that brings international consumer brands to India and operates Jamie's Italian and Jamie's Pizzeria in the country, said IPL continues to be a valuable part of their delivery marketing playbook. 'We prioritize IPL in our delivery marketing calendar because it has a proven track record of driving orders. In April, delivery was up 39% and dine-in rose 6%. In May, delivery growth slowed to 5%, while dine-in increased by 30%, partly because of the India-Pakistan situation which led to the IPL being paused briefly. For us, the key challenge is to maintain and improve margins even as we compete for customer attention during such high-traffic periods," he said. 'IPL continues to be a strong growth period for us, with this year's season delivering a 7–10% uptick in overall business. Interestingly, 60–70% of this growth has been driven by dinner orders, underlining how match timings align perfectly with peak delivery hours. Our top 10 cities are leading the charge, contributing to 60% of the growth of our total business," said Aayush Madhusudan Agrawal, Founder and Director, Lenexis Foodwork. Also read: Piyush Chawla, IPL third highest wicket taker, announces retirement from all forms of cricket "We've also seen a surge in new customer acquisitions across both dine-in and delivery formats during the tournament and our focus now shifts to retaining this expanded base. Notably, three of the four weeks in May were our best-performing weeks in terms of business, making this IPL season one of the most impactful for us so far." The company operates over 235 restaurant outlets and over 200 cloud kitchens; it operates a portfolio of distinct brands—Chinese Wok, The Momo Co. and Big Bowl. Rising viewership As per JioStar, the official broadcaster of the IPL, the reach of both TV and digital crossed 450 million each by the time the tournament was suspended on 9 May following the conflict between India-Pakistan. It resumed on 17 May. Restaurant booking platform EazyDiner Private Ltd reported a 35% increase year-on-year in dine-in bookings across cities like Bengaluru, Mumbai, Hyderabad and Pune where the matches were being screened live, according to Sachin Pabreja, its co-founder. Some restaurants claimed a significant surge in late-night orders during the season. Wow! Momo experienced a 12-14% increase in IPL-driven orders, primarily through deliveries, with late-night deliveries seeing a particular surge. 'IPL basically precedes a lean period for us, i.e., the period between February and March isn't a high demand generating period for the industry. In that sense, IPL is a big consumption booster. However, this year, the conflict between India-Pakistan also dampened sales for a few days, but it picked up later. IPL is a self-sustaining event now with companies not ramping up marketing spends significantly. It's a ready-made occasion since people tune in to watch matches almost daily. So it's organic growth for us," said Sagar Daryani, chief executive officer (CEO) and founder, Wow Momo! Also read: Vijay Mallya reveals why he picked Virat Kohli for RCB: 'My instinct told me he was special…' Food ordering platforms Zomato and Swiggy did not comment on their IPL stats for the season. Meanwhile, bars and cafes said IPL had less impact on sales, with people opting to view matches at home—the trend that helped fuel demand for online orders. "Our dining business did not grow so much because we don't screen matches but we saw a good spike in our delivery business, that's really helped us grow during this time," said Amit Bagga, co-founder of food chain, Daryaganj, which saw a 9% jump in the delivery business during the IPL.
India.com
16 hours ago
- India.com
Half the world doesn't know Virat Kohli's MASSIVE source of income, THIS property is earning him..., its located in...
Image credit: X (Formerly Twitter) In these collection of pictures, we find out all about the massive earning of RCB star player Virat Kohli from one of his properties. Virat Kohli has net worth of over Rs 1050 crore, according to media reports. Virat Kohli earned over Rs 27.4 crore from IPL 2025 season, according to media reports. Kohli was retained for Rs 21 crore by RCB. Virat Kohli leases out at least 12 office spaces in Gurgaon, according to media report. He has leased out 18,430 square feet of office space. Virat Kohli leased out office space in Reach Commercia tower in Sector 68 in Gurgaon. The deal was locked at a monthly rental of around Rs 8.85 lakh per month, the documents showed, according to Moneycontrol website. Virat Kohli's brother Vikas Kohli signed on behalf of RCB star, according to media reports. According to registration documents, the stamp duty paid in the transaction was Rs 3.83 lakh and Rs 50,010 was paid as registration fees. Virat Kohli gets annual rent of over Rs 1.27 crore from these 12 office spaces in Gurgaon. These office space come with 37 parking slots, documents showed.
Hindustan Times
16 hours ago
- Hindustan Times
Vijay Mallya reveals untold story of buying IPL team; Lalit Modi's impressive pitch: 'Lost Mumbai by very small amount'
Former Royal Challengers Bengaluru owner Vijay Mallya opened up about what inspired him to purchase an IPL franchise back in 2008, at a time when T20 cricket was only beginning to gain traction among fans. The decision to introduce a large-scale franchise league model seemed like a bold and risky venture for the BCCI in 2007. Yet, Lalit Modi, the board's vice-president and the league's inaugural chairman, possessed a vision and committed determination to transform it into something extraordinary. Mallya was one of the few high-profile names of the country who got associated with the league from the inaugural edition itself. He bought the Bengaluru-based franchise for USD 111.6 million back in 2008 and named it Royal Challengers Bangalore. The liquor baron, who is accused of defaulting on loans worth several crores from Indian banks, shared how Lalit Modi made an impressive pitch to him for buying an IPL team. Mallya also disclosed that he had placed a bid for the Mumbai franchise but narrowly missed out, with Reliance Industries, led by Mukesh Ambani, ultimately securing the team for USD 111.9 million. "I was very impressed with the pitch that Lalit Modi made to the BCCI committee about this league. He called me one day and said ok, teams are going to be auctioned. Are you going to buy it? So, I bid from three franchises, and I lost Mumbai by a very small amount of money," Mallya said on a podcast with Raj Shamani. Mallya claimed that he saw the cash-rich league as a game-changer for Indian cricket, which is why he decided to make a lucrative bid to get a team. "When I bid for the RCB franchise in 2008, I saw the IPL as a game-changer for Indian cricket. My vision was to create a team that embodied the spirit of Bangalore—vibrant, dynamic, glamorous," he added. Mallya said that his vision was to give the franchise a bold identity by associating it with one of their top-selling liquor brands, and named it Royal Challengers Bangalore. "I paid $112 million, the second-highest bid, because I believed in the potential. I wanted RCB to be a brand that stood for excellence, not just on the field but off it too. That's why I tied it to Royal Challenge, one of our top-selling liquor brands, to give it that bold identity," he added.
