Piaggio Vehicles India Launches 2025 Vespa Portfolio Starting At INR 132,500
- By MT Bureau
- February 11, 2025
Italian scooter brand Vespa, manufactured by Piaggio Vehicles, has launched its updated two-wheeler portfolio for the Indian market. The company recently introduced its all-new MY2025 portfolio of Vespa and Vespa S scooters with prices starting at INR 132,500 and INR 136,000 (ex-showroom Maharashtra) respectively.
The scooters can be had in 125cc and 150cc variants and multiple colour options. For tech enthusiasts, the company has introduced the Vespa S with prices starting at INR 192,000 and the Vespa S Tech at INR 196,000 (ex-showroom) respectively. They boast of tech-loaded features such as – key-less ignition, TFT Smart Dash, Bluetooth integration and navigation ability. The company also introduced the special edition ‘Vespa Qala’ in both 125cc and 150cc models, which celebrates artistic approach.
Diego Graffi, Chairman and MD, Piaggio Vehicles, said, “Vespa has always been more than just a mode of transport since its inception. It's a cultural icon, a symbol of self-expression for many generations, and an inspiration for artists and creators. Every decade the Vespa has undergone evolution attracting newer enthusiasts for the brand. As Vespa completes over a decade in India, Vespa’s introduction of an all-new 2025 product portfolio with futuristic features, vibrant and appealing palette has been in the making. It is a significant transition celebrating a new decade and being relevant to a new generation of customers. In India, Vespa occupies the luxury scooter segment, and we intend to grow it as a luxury-lifestyle brand. 2025 is start of new era of Vespa in India and I am quite excited with the possibilities that it brings.”
- Sachin Agarwal
- Hero MotoCorp
- Vikram Kasbekar
- Hero Tech Centre Germany
- Hero Centre for Innovation and Technology
- Volvo Group
- VE Commercial Vehicles
- Eicher Motors
- Daewoo Motors
- SIAM
- Dr. Pawan Munjal
Hero MotoCorp Appoints Sachin Agrawal As Chief Technology Officer
- By MT Bureau
- May 04, 2026
Hero MotoCorp, the world’s largest two-wheeler manufacturer, has appointed Sachin Agrawal as its new Chief Technology Officer, with the transition effective from 21 May 2026.
Agrawal takes responsibility for the company's Research and Development (R&D) division during a phase focused on electric vehicles and alternative fuel technologies. He succeeds Vikram Kasbekar, who departs from the technical role while maintaining his position as an Executive Director on the board.
The new appointee manages the manufacturer's global engineering footprint, which includes the Hero Centre for Innovation and Technology in India and the Hero Tech Centre Germany. He will be responsible for leading the development of next-generation mobility, electrification and alternative fuels.
Agrawal joins Hero MotoCorp with nearly three decades of experience in automotive engineering and leadership. He previously served as the Executive Vice-President and Head of R&D and Technology at VE Commercial Vehicles, a joint venture between the Volvo Group and Eicher Motors.
His technical portfolio includes product development for diesel, CNG, electric and hydrogen platforms, as well as work on connected mobility, artificial intelligence (AI) integration and software-defined vehicle ecosystems. Earlier in his career, he worked at Daewoo Motors on chassis design for the Matiz in South Korea. Agrawal has also served as the Chairperson of the SIAM Frontier Technology and Innovation Group and led the Volvo Group’s Global Centre of Excellence for Medium Duty Engine Development.
Agrawal is an alumnus of IIT Bombay, where he was a Gold Medallist in M.Tech Mechanical Design and he is a Leadership Fellow from Carnegie Mellon University.
Dr. Pawan Munjal, Executive Chairman, Hero MotoCorp, said, “We are delighted to welcome Sachin to our leadership team. His deep expertise across mobility technologies and proven track record of driving innovation at scale make him uniquely suited to lead both our technology vision and R&D organisation. As we accelerate our journey towards electrification and next-generation mobility solutions, his leadership will be instrumental in shaping a future-ready, customer-centric innovation agenda”.
TVS Motor Company Reports 7% Sales Growth In April Amid Supply Chain Constraints
- By MT Bureau
- May 02, 2026
TVS Motor Company (TVSM), one of the leading manufacturers of two-wheeler and three-wheelers, has reported 473,970 units wholesales for April 2026.
This marks a 7 percent growth compared to the 443,716 units sold in April 2025. While customer demand remains strong in both domestic and international markets, the company noted that dispatch volumes were limited by production issues.
The company reported that production was affected by several supply chain constraints. It saw shortages in raw materials, consumables and workforce availability, which impacted tier-1 and tier-2 suppliers. Limited container availability hindered timely international dispatches. It has placed countermeasures and it expects production to recover during May 2026.
Despite manufacturing hurdles, two-wheeler sales grew by 6 percent YoY to 455,333 units, which includes 348,545 units in domestic market, up 8 percent YoY.
Scooter sales increased by 24 percent to 211,158 units, while motorcycles accounted for 200,039 units. The electric vehicle portfolio grew by 36 percent, with sales rising to 37,771 units.
Three-wheeler sales recorded a 37 percent growth, reaching 18,637 units.
Lastly, total international sales grew by 3 percent to 120,008 units.
Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has reported 566,086 unit wholesales for April 2026, up 85 percent YoY, as compared to 305,406 units last year.
Domestic sales came at 532,433 units, up 85 percent YoY, as compared to 288,524 units a year ago. This includes 501,791 motorcycles at 75 percent YoY and 64,295 scooters, up 233 percent YoY.
Domestic retail performance also remained robust during the month, with 552,713 two-wheeler registrations (as per VAHAN) indicating growth of around 8 percent.
VIDA, Hero MotoCorp’s e-mobility business, reported a 129 percent YoY growth, albeit a low-base.
|
HERO MOTOCORP |
|||
|
|
APRIL' 26 |
APRIL' 25 |
Change (In %) |
|
Motorcycles |
501,791 |
286,089 |
75% |
|
Scooters |
64,295 |
19,317 |
233% |
|
Total |
566,086 |
305,406 |
85% |
|
Domestic |
532,433 |
288,524 |
85% |
|
Exports |
33,653 |
16,882 |
99% |
Suzuki Motorcycle India Sells 98,004 Two-wheelers In April 2026
- By MT Bureau
- May 01, 2026
Suzuki Motorcycle India (SMIPL), a leading manufacturer of scooters and motorcycles, has announced its wholesales of 117,514 units in April 2026, marking a 4 percent YoY growth compared to the 112,948 units sold in April 2025.
The company began the new financial year with increases across both its domestic and international operations. Interestingly, while domestic sales at 98,004 units grew by 3 percent as compared to 95,214 units a year ago, exports clocked a 10 percent growth at 19,510 units.
Revenue from spare parts sales reached INR 915.90 million, representing a 14 percent growth over the previous year.
Last month, Suzuki Motorcycle India celebrated two decades of manufacturing in the country and also introduced the new Suzuki Burgman Street ‘One and Only’ and a new colour option for the Suzuki Avenis Special Edition.
Deepak Mutreja, Vice-President – Sales & Marketing, Suzuki Motorcycle India, said, “We have started the new financial year on a steady note with growth across both domestic and exports markets. This performance reflects the continued trust customers place in our products. As we move ahead, we remain focussed on delivering quality products, while deepening our connect with customers and partners across markets. We are also enhancing customer experience through focused events and brand activations.”

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