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Hero MotoCorp CEO Niranjan Gupta expects double-digit revenue growth in the domestic two-wheeler industry next fiscal. Demand for premium models, feature-rich trims, digital inclusion, the hospitality industry, entry level segment, rural areas, sales outlets, and the Harley -Davidson partnership are all expected to perform better.
Higher freight costs due to the Red Sea crisis and stiff competition from global giants such as Harley -Davidson and Triumph are expected to dampen the company's operating margins in the coming months.
Hero MotoCorp is entering the mid-capacity segment of the Indian market with the launch of its most powerful motorcycle, the Mavrick 440. The motorcycle shares its foundation with the Harley -Davidson X440 and features unique design elements. It is equipped with a 440cc single-cylinder, oil-cooled engine and comes with a fully digital instrument cluster and Bluetooth connectivity. The launch is sch