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NAVEEN MUNJAL
Hero Electric taps GII, credit funds for Rs 550 croreAccording to sources in the know, the company is attempting to raise Rs 300 crore from existing backer GII and tie up the remaining funding...
Hero Electric expects to double its two-wheeler sales in FY24"There were constraints in the availability of semiconductors, which have now eased. Momentum in the market is good. We will close this fis...
- Hero Electric to invest Rs 1,200 crore in greenfield facility in Rajasthan
"The demand is robust; we have a substantial waiting-list and we are resolving the supply chain challenges," said Munjal. "We want to be re...
Hero Electric begins work on second manufacturing plant in India"We are very excited to announce our new manufacturing facility in Ludhiana given the exciting growth phase for the EV market. India's EV r...
Tribunal permits Hero MotoCorp to sell EVs under 'Hero' trademarkThe tribunal – comprising former Chief Justice of India Dipak Misra and retired judges Indu Malhotra and Indermeet Kaur – observed that Her...
There is no room for shortcuts for EV testing: Hero Electric MD Naveen MunjalNaveen Munjal’s comment came in the backdrop of incidents of electric scooters catching fire and manufacturers coming under the scanner for...
Hero Group Case: SC refuses to interfere in HC order on arbitrationThe country's largest two-wheeler maker Hero MotoCorp had approached the Supreme Court to challenge the Delhi High Court's order with the a...
Hero Electric withdraws petition against Hero MotoCorp for use of 'Hero' brand for EVsET was the first to report, in July 2019, about Pawan Munjal’s nephew Naveen Munjal citing exclusive brand rights over green vehicles. Clai...
Hero Electric drags Hero Moto to court over use of brand name in EV spaceVijay Munjal and son Naveen Munjal, owners of Hero Electric, have taken cousin Pawan Munjal, CMD of two-wheeler market leader Hero MotoCorp...
Hero Electric plans capacity expansion to five million units in five yearsIn the first phase, the company will make operational production capacity to 500,000 two-wheelers at its facility in Ludhiana (Punjab) by t...
Lure of the electric tests resilience of Munjals' decades-old family agreementPawan Munjal-led Hero MotoCorp is the market leader in internal combustion engine motorcycles and scooters, and has recently announced its ...
Pawan Munjal can’t use ‘Hero’ tag for EVs, setback for new ventureNaveen, son of Pawan’s cousin Vijay Munjal, runs the Hero Electric two-wheeler business since 2007, and said his family received “global ri...
Hero Electric raises Rs 220 crore to fund capacity expansion, product developmentThe funding round is not concluded yet and the company is in discussions to raise more capital. Oaks Asset Management invested in Hero Elec...
Hero Electric to go ahead with expansion plan amid slowdownMD Naveen Munjal told ET that although sales of electric two-wheelers were subdued in the first half of this financial year, the company ex...
Govt roadmap aggressive, but needed to make India electric vehicle hub: Naveen Munjal“If India wants to be the hub of electric vehicles or if India wants to be a market leader in electric vehicles, we have to move to zero em...
Top boss Naveen Munjal's business card attracts a lot of attention, and here's whyThe business card reads ‘Dil hai electric’ under his name.
Hero Electric raises Rs 160 crore from Alpha Capital Advisors"This is our first external fund raising. Till now, we had only raised funds internally. The raised capital will be utilised to set up a ne...
Hero Electric eyes capacity expansionThe electric two-wheeler maker will invest Rs 700 cr over the next three or four years in the hope that EV demand picks up.
Havells to host a panel discussion over core values of the companyThe panel will consist of Chairman and MD Anil Rai Gupta, Uday Kotak, and Sunil Munjal.
Hero Eco Group's Naveen Munjal does not step out without his camera"Don't switch off the camera. If you switch it off, it will take a moment for the camera to be ready & you would have lost the shot by then...