Hero MotoCorp CEO Niranjan Gupta to step down; Vikram Kasbekar takes over as Acting CEO.

Hero MotoCorp, India's largest two-wheeler maker, announced that CEO Niranjan Gupta will step down on April 30, 2025, to pursue other opportunities. Vikram Kasbekar, the current Executive Director (Operations), will take over as Acting CEO starting May 1. The company also plans to separate its Electric Vehicle & Emerging Mobility Business Unit into a standalone entity, effective February 1, 2025.

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