Niranjan Gupta, CEO of Hero Motors, believes interest rates have already peaked and will likely start to decrease in a few quarters. Confidence in the rural economy has been returning since the last festive season, and government capex and welfare programs are expected to generate demand soon. Hero Motors is preparing for the EV market by increasing the capacity of their current product and planning to launch products in the mid, affordable, and B2B segments
| Subscribe To Our Free Newsletter |
