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Hero MotoCorp CEO Niranjan Gupta Resigns; Vikram Kasbekar Takes on Role of Acting CEO

Niranjan Gupta, the Chief Executive Officer of Hero MotoCorp Ltd, is resigning from his position “to explore new opportunities,” as announced by the largest two-wheeler manufacturer in India in an exchange filing on Friday, January 31, 2025.

The launch of Hero MotoCorp’s motorcycles, the Xtreme 250R and the Xpulse 210, at the Bharat Mobility Global Expo 2025 in New Delhi on January 17, 2025. (Atul Yadav/PTI)


Gupta’s final day in the office will be April 30, 2025, and effective May 1, 2025, Vikram Kasbekar, currently the Executive Director (Operations), will assume the role of Acting Chief Executive Officer, the company stated.

Also Read: Deliveries of the Hero Xpulse 210 are set to begin in March 2025. Everything you need to know

“Participating in the journey of Hero MotoCorp has been an incredibly fulfilling experience. I am thankful to Dr. Munjal & the Board of Directors for the honor of leading this remarkable company,” stated Niranjan Gupta. “Over my eight years at Hero, I have had the chance to collaborate with a talented team and contribute to the company’s ongoing success.”

“As I transition to new opportunities, I convey my best wishes to the entire Hero MotoCorp team for a promising and progressive future,” he added.



This announcement follows the company’s declaration in late December 2024 regarding its collaboration with Harley-Davidson to develop another new motorcycle and to launch additional variants of the Harley-Davidson X440, which was jointly created.

The X440 represents the initial outcome of the Hero-Harley partnership, which dates back to 2020 when Harley Davidson ceased local assembly in India due to low demand, effectively leaving Hero in charge of existing dealerships.

Also Read: Economic Survey advocates for stringent labeling regulations on ultra-processed foods

The newly appointed acting CEO, Vikram Kasbekar, expressed, “I am honored to undertake the role of Acting Chief Executive Officer at Hero MotoCorp. With over two decades of service within this remarkable organization, I am eager to collaborate closely with our talented team to foster ongoing growth and innovation. I am grateful for the confidence bestowed upon me by Dr. Munjal & the Board of Directors, and I am committed to guiding the company during this transitional phase. Together, we will build upon our strong legacy and continue to provide excellence to all our customers, partners, and stakeholders.”



In the meantime, Ram Kuppuswamy has been elevated to COO ‐ Manufacturing, and Ashutosh Varma will lead the India Business Unit as Chief Business Officer.

“Since joining Hero in 2017, Niranjan has bolstered our financial stability, established global partnerships, and laid the groundwork for the House of Strategy that will shape our future growth,” remarked Dr. Pawan Munjal, Executive Chairman of Hero MotoCorp. “His leadership has been crucial in guiding the company into new territories. I wish him all the best and great success in his future endeavors.”

Also Read: Hero XPulse 210 introduced at Auto Expo 2025. Key details for potential buyers

He also noted that Hero’s EV & Emerging Mobility Business Unit (EMBU) will evolve into a completely independent entity by February 1, 2025.



Jyoti Singh will take on the role of Deputy CHRO for the EV & Emerging Mobility Business Unit.




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Harley Davidson News

Hero MotoCorp and Harley-Davidson Strengthen Collaboration to Create a New Motorcycle

 

Hero MotoCorp and Harley-Davidson Strengthen Collaboration to Create a New Motorcycle

Hero MotoCorp and Harley-Davidson Enhance Their Partnership with New Bike Development

On Friday, Hero MotoCorp announced an extension of its partnership with the esteemed American motorcycle brand, Harley-Davidson, aimed at launching new products.

As part of this collaboration, the companies plan to unveil new versions of the Harley-Davidson X440 and create an entirely new motorcycle.

According to a regulatory filing, the agreement expands their existing partnership to include new variants of the X440 model and the development of a brand-new motorcycle.

Last year, Hero and Harley launched their first co-developed motorcycle, the X 440. The collaboration was initially announced in October 2020, focused on the Indian market.

This deal involves Hero MotoCorp designing and marketing a line of premium motorcycles under the Harley-Davidson name in India, along with managing service and parts for Harley bikes.

Moreover, Hero MotoCorp is also tasked with the retail of Harley accessories, general merchandise, riding gear, and apparel through a dedicated network of Harley-Davidson dealers and its existing sales framework throughout the country.

(This article is sourced from a syndicate wire feed and has not been edited by Times Now)

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Harley Davidson News

Hero MotoCorp and Harley-Davidson Collaborate to Develop New Motorcycle; X440 Series Set for Expansion

Hero MotoCorp has recently confirmed in a SEBI filing that its partnership with Harley-Davidson (H-D) will extend beyond the X440 model. The company announced the development of new variants of the X440 that will be available for sale in both India and select international markets, in addition to creating an entirely new motorcycle.
Also read: EICMA 2024: Updated Hero Mavrick 440 Revealed With Golden USD Forks, TFT Display And More

Hero MotoCorp and Harley-Davidson Collaborate to Develop New Motorcycle; X440 Series Set for Expansion

The X440 was the inaugural Harley-Davidson model resulting from the Hero-Harley partnership and was launched in 2023.

Also read: Harley-Davidson X440 Receives New Colour Schemes
The American motorcycle manufacturer collaborated with the Indian two-wheeler giant in 2020 to take control of the brand’s current sales and service network in India and to design premium models under the H-D banner. The first model, the H-D X440, was launched in 2023, followed by Hero MotoCorp unveiling the Mavrick 440 in early 2024. Speculation about a second H-D badged version of the 440 continues, particularly after Hero trademarked the Nightster 440 name earlier.
Also read: Harley-Davidson Nightster X440 Name Trademarked In India; Launch Likely In 2024

2025 Hero Mavrick 440 1

Hero introduced its version of the X440, the Mavrick, in early 2024, and the company recently showcased an updated Mavrick 440 at EICMA 2024 (pictured).

With the announcement of additional variants for the X440, the Nightster 440 could soon enter production.

Also Read: Witnessing The Making Of Harley-Davidson X440 At Neemrana Plant
Details regarding the new model remain speculative at this point, though the two companies may be looking to diversify their offerings in different market segments. This could entail introducing a larger capacity model in the 500 to 600 cc range or exploring options in the 350 cc segment to compete with brands like Royal Enfield.

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