MAM
Hero Motocorp races ahead with 3.88 lakh dispatches in February 2025
MUMBAI: Hero Motocorp, the world’s largest manufacturer of motorcycles and scooters, kept the throttle open in February 2025, dispatching 3.88 lakh units. While domestic sales stood at 3,57,296 units, the company also saw a stellar 33 per cent growth in global sales, crossing the 30,000-unit mark for the third consecutive month.
Hero Motocorp reported 3,88,068 total dispatches in February 2025, with 3,57,296 units sold in the domestic market. Motorcycles remained the dominant category, contributing 3,52,312 units, while scooters accounted for 35,756 units. Year-to-date (YTD) figures saw a total of 53,49,583 units dispatched in FY25, up from 51,31,040 in FY24. Exports surged with 30,772 units shipped in February 2025, marking a significant increase from 23,153 units in February 2024, bringing YTD exports to 2,47,911 units compared to 1,69,765 in the previous fiscal year.
Hero Motocorp’s electric vehicle brand, Vida, is riding a strong wave of popularity, dispatching 6,200 units in February. The growing success of the Vida V2 range reinforces the brand’s positioning as an aspirational yet accessible electric mobility solution.
With the onset of the marriage season and new product launches, Hero Motocorp anticipates stronger momentum in the coming months. Strengthening its 125cc scooter lineup, the company has begun deliveries of the Destini 125, with Xoom 125 dispatches set to begin soon.
Further expanding its premium retail footprint, over 64 ‘Premia’ dealerships now offer a seamless buying experience for Hero Motocorp, VIDA, and Harley-Davidson products all under one roof.
Beyond sales figures, Hero Motocorp is accelerating skill development for women in the automotive sector. In collaboration with the Automotive Skills Development Council (ASDC), the company has launched an upskilling initiative to train 20,000 women over the next 15 months in key automotive sales and service roles.
Hero MotoSports Team Rally made its mark at the 2025 Abu Dhabi Desert Challenge, with Nacho Cornejo securing an impressive 6th position. Cornejo showcased unwavering consistency, finishing in the top 10 in every stage and bagging two stage podiums.
Brands
Maharashtra panel orders Lodha to refund Rs 5 crore to homebuyers
Consumer court flags unfair practices in long-running property dispute case
MUMBAI: In a sharp rebuke to one of India’s biggest real estate players, the Maharashtra State Consumer Disputes Redressal Commission has directed Macrotech Developers to refund nearly Rs 5 crore to a senior citizen couple, Uttam and Anindita Chatterjee. The ruling, delivered on March 13, 2026, calls out the developer for “deficiency in service” and “unfair trade practices”, bringing closure to a dispute that has stretched over a decade.
The case traces back to 2015, when the couple booked a 3-BHK flat at World Towers in Lower Parel for Rs 12.22 crore, with possession promised within a year. What followed was a series of changes that complicated matters. After deciding to exit the project, they were persuaded to shift to a 4-BHK in another development priced at Rs 8 crore, with delivery scheduled for 2018. However, within months, the price was allegedly increased to Rs 10 crore. After demonetisation reshaped the market, similar flats were reportedly being offered at lower prices, but the couple were not given the benefit.
Despite paying over Rs 2.83 crore, the couple neither received possession nor clarity. Instead, in 2018, the developer unilaterally cancelled the booking, retained part of the amount as earnest money, and argued that the buyers were investors rather than consumers. The commission rejected this claim, observing that casual references to “investment” do not take away consumer rights when the purchase intent is residential.
The bench also held that the developer could not penalise buyers for payment delays while failing to meet its own delivery commitments. It noted the lack of formal documentation for revised terms and termed the prolonged retention of funds without delivering a home as exploitative.
As part of its order, the commission directed the developer to refund Rs 2.83 crore paid by the couple, along with interest at 10 per cent per annum, amounting to around Rs 2.12 crore. In addition, Rs 1 lakh has been awarded for mental agony and Rs 50,000 towards litigation costs, taking the total payout to over Rs 5 crore. The developer has been asked to comply within two months.
For now, the ruling serves as a reminder that in real estate, shifting terms and delayed promises can carry a significant cost.
