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Hero MotoCorp Names Harshavardhan Chitale as New CEO
Harshavardhan Chitale brings over 30 years of global leadership to Hero MotoCorp, aiming to accelerate electric vehicle growth and digital transformation from January 2026.
- On September 8, 2025, Hero MotoCorp appointed Harshavardhan Chitale as CEO, effective January 5, 2026, replacing acting CEO Vikram Kasbekar after Niranjan Gupta resigned earlier this year.
- Positioned for a stronger EV push, Hero MotoCorp said `His vision will accelerate our journey across electric and emerging mobility, premiumization, digitalization and sustainability`,
- Most recently, he led Signify’s 4 billion Professional Business, managing 12,000 employees across 70 countries, and is an IIT Delhi alumnus.
- As part of the transition, the company said Vikram Kasbekar will relinquish the interim role but continue as Executive Director and Chief Technology Officer while working with Harshavardhan Chitale on the handover, and shares rose over 1.5% on the National Stock Exchange .
- Facing intense rivalry, Hero MotoCorp struggles with declining market share and senior exits amid fierce competition from TVS Motor Company, Bajaj Auto, and Honda Motorcycle & Scooters India in July and August retail sales.
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Total News Sources11
Leaning Left2Leaning Right4Center0Last UpdatedBias Distribution67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
L 33%
R 67%
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