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Hero MotoCorp revs up EV ambitions with new chief
NEW DELHI: Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has announced a significant leadership reshuffle, bringing in new talent to accelerate its push into sustainable, future-ready mobility. On 10 July 2025, the company appointed Kausalya Nandakumar as chief business officer for its emerging mobility business unit. She will report directly to Pawan Munjal, the executive chairman, and will be tasked with shaping the strategic direction and growth of Vida, Hero MotoCorp’s electric vehicle brand.
Nandakumar brings nearly two decades of leadership acumen from the automotive, electric mobility, and digital innovation sectors. Her appointment underscores Hero MotoCorp’s commitment to pioneering new technologies and growth platforms. She joins Hero MotoCorp after an illustrious 18-year tenure with the Mahindra Group, where she played a pivotal role in building and scaling new ventures.
Most recently, as chief operating officer of Mahindra Electric Automobile, she spearheaded the operational readiness and market entry strategy for the company’s electric SUV business, valued at $9.8 billion. Her extensive career also includes heading business transformation for Mahindra’s farm division and leading Glyd, Mahindra’s electric shared mobility business. Notably, she conceived and built SmartShift, one of India’s pioneering digital logistics platforms, transforming it into a multimillion-dollar enterprise.
This strategic appointment coincides with the departure of Swadesh Srivastava, who is stepping down due to health reasons. Srivastava will work closely with Nandakumar in the coming weeks to ensure a seamless handover. The company expressed its gratitude for his contributions and extended best wishes.
Nandakumar’s academic credentials include a master’s in business administration (marketing) from Narsee Monjee Institute of Management Studies, Mumbai, and a bachelor’s degree in electronics & instrumentation engineering from Mumbai University.
She has further refined her leadership skills through programmes at prestigious institutions such as Harvard Business School.. Her background and expertise are set to reinforce Hero MotoCorp’s ambition to lead the next era of mobility, delivering innovation with impact and driving sustainable growth.
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Maharashtra revokes Ola, Uber, Rapido bike taxi licences
Temporary e-bike taxi permits cancelled as firms fail to meet state rules
MUMBAI: Maharashtra’s roads are set to see fewer zipping two-wheelers after the state government pulled the plug on provisional licences granted to bike taxi giants Ola, Uber and Rapido. Transport Minister Pratap Sarnaik announced in the Legislative Council on Monday that temporary permissions would be revoked.
“These companies were given permission for just a month and were required to submit certain documents. Since they have not complied, their temporary licences are cancelled. This is to ensure illegal bikes do not operate on our roads,” Sarnaik said.
The move follows the Maharashtra E Bike Taxi Rules 2024, designed to generate employment for local youth and offer commuters a cheaper, greener ride option. The rules, approved in August 2024, allow electric bike taxis in cities with over one lakh residents.
Under the policy, only electric vehicles can ply as taxis, and operators had 30 days to fulfil licensing and compliance requirements. Yet, officials claim many continued operations without meeting these conditions. Sarnaik added that a large number of bike taxis currently running in Mumbai and the wider Mumbai Metropolitan Region are illegal.
In a firm enforcement twist, the government has instructed authorities to focus on vehicle owners rather than riders when registering cases. Safety concerns, particularly for women passengers, and accident complaints have also been flagged by the transport department.
Since April 2024, Regional Transport Offices have taken action against 130 non-compliant bike taxis, collecting fines exceeding Rs 33 lakh. Authorities say further measures will follow to ensure services adhere to regulations before returning to city streets.
Maharashtra’s bike taxi saga has been a rollercoaster. Initially banned in January 2023 due to concerns over private vehicles ferrying passengers, the sector was later formalised through an electric bike framework in 2024. Provisional licences were granted in 2025, but the government now warns that any bike taxi operating on city roads without proper permits will be considered illegal.
Adding to the transport shake-up, the government has also halted the issuance of new auto rickshaw permits from March 9 to ease urban traffic pressures and safeguard livelihoods of existing drivers. A fresh standard operating procedure for future permits is set to go before the state cabinet soon.
Maharashtra commuters may have to find alternative rides as the state reins in its two-wheeled taxi revolution, leaving app-based bikers in a legal limbo.
