- Siddhartha Lal
- Royal Enfield
- Eicher Motors
- Vinod Aggarwal
- B. Govindarajan
- Arun Vasu
- Ira Gupta
- S. Sandilya
Eicher Motors Restructures Board, Siddhartha Lal Appointed Executive Chairman
- By MT Bureau
- February 11, 2025
New Delhi-headquartered two-wheeler and commercial vehicles major Eicher Motors has announced changes to its Board. The company has announced that S. Sandilya who was the Executive Chairman of the Board is set to retire and will be succeed by Siddhartha Lal.
Furthermore, Vinod Aggarwal has been appointed the Vice Chairman (Non Executive), in addition to his role as the MD and CEO of VE Commercial Vehicles, while B. Govindarajan will become the new Managing Director of Eicher Motors in addition to his role as CEO of Royal Enfield.
Eicher Motors’ Board also appointed Ira Gupta and Arun Vasu as Independent Directors. On the other hand, Manvi Sinha, an Independent Director on Eicher Motors’ board will retire on 12 February 2025 after the completion of her tenure.
“On behalf of the entire Eicher family, I want to extend our deepest gratitude to Sandilya for his outstanding guidance and leadership over the past five decades. From his early roles in the company to serving as Managing Director, Group CEO, and ultimately Chairman for 25 years, he has been instrumental in shaping Eicher Motors into what it is today. Under his leadership, Eicher has navigated challenging times to become one of the leading commercial vehicle players in India and developing markets, while Royal Enfield became a global leader in mid-size motorcycles. We wish him the very best for the future. I would also like to sincerely thank Manvi Sinha for her invaluable contributions to Eicher Motors over the past decade as an Independent Director. At the same time, we welcome Ira Gupta and Arun Vasu to the Eicher Motors Board as well as congratulate Vinod and Govind on their expanded roles,” said Lal.
“After more than 25 years at Eicher Motors in various capacities, including as the MD and CEO, I am now looking forward to the opportunity to reinvent my role. Along with taking on greater governance and board responsibilities, I will be deeply engaged in shaping Eicher Motors’ long-term vision for the decades ahead - guiding the company’s strategic direction while continuing to drive consumer insights, brand development, next-gen technology adoption, and product innovation. Additionally, I look forward to dedicating more time to leadership development and mentoring, helping to nurture the next generation of leaders as we continue our journey of growth and transformation,” he added.
Aggarwal said, “I am excited with my new role and it will be my privilege to support the Board and management of Eicher Motors in my enhanced role.”
Govindarajan said, “My journey of close to three decades at Eicher Motors has been quite rewarding with its fair share of challenges. I am truly honoured and excited to take on this new role and I am looking forward to steering the company on its growth momentum with continued support from my team. I would also like to thank the Eicher Motors board for placing its trust in me as we strive to set new benchmarks and drive the company forward in the years to come.”
India Yamaha Motor Reintroduces MotoGP Editions, Updates FZ Colour Options
- By MT Bureau
- August 04, 2026
India Yamaha Motor has announced the return of the Monster Energy Yamaha MotoGP Edition for the R15 V4 and MT-15 Version 2.0 motorcycle models. The release, the company says, responds to customer demand for the company's racing-livery options.
The Monster Energy Yamaha MotoGP Edition models display liveries inspired by Yamaha's racing division across the fuel tank, side panels, and tank shrouds. The R15 V4 MotoGP Edition is priced starting at INR 176,050 ex-showroom Delhi, while the MT-15 MotoGP Edition begins at INR 177,230.
Alongside the special editions, Yamaha updated colour variants across its FZ product range. The FZ-S Fi Hybrid receives an Ice Storm colour scheme, while the existing Matte Black version gets updated graphics. The FZ-S Fi line gains a Metallic Black finish.
Pricing for the updated FZ range starts at INR 129,880 ex-showroom Delhi for the standard FZ-S Fi, with the FZ-S Fi Hybrid variant priced at INR 139,200.
Studds Launches Raider Youth Full-Face Helmet At INR 1,175
- By MT Bureau
- August 03, 2026
Studds Accessories, one of the leading two-wheeler helmet manufacturer, has launched its latest product the Raider Youth, a full-face helmet designed for younger riders and adults requiring smaller head sizes at prices starting INR 1,175.
The release marks the introduction of a dedicated small-sized full-face model into the company's product line-up. The Raider Youth is an ISI-certified helmet that provides chin and lower-face coverage, moving beyond the open-face helmet designs that have traditionally dominated the youth and small-head-size segments in India. It is offered in two sizes: XXS (520 mm) and XS (540 mm), catering to children, teenagers and female riders or adults with smaller head dimensions.
The product features an outer shell constructed from ABS material paired with an expanded polystyrene (EPS) liner. The ventilation system uses top exhaust ports to channel airflow through the interior, while additional hardware includes a scratch-resistant quick-release visor, micro-fibre inner lining and a quick-release chin strap mechanism.
Sidhartha Bhushan Khurana, Managing Director, STUDDS Accessories, said, "Young riders today are more aware of style, comfort, and safety than ever before, and parents are increasingly seeking products that offer enhanced protection without compromising on usability. The Raider Youth has been developed to address these expectations through a purpose-built full-face design that delivers greater coverage and confidence for young riders. Its vibrant colour palette, modern styling, rider-focused comfort features, and trusted safety credentials have been brought together to make helmet usage both appealing and reassuring. We believe the Raider Youth will resonate strongly with young riders and their families while encouraging the habit of safe riding from an early age."
The initial launch comprises the Unicolor variant across 12 finish options, including solid, matte, and chameleon finishes: White, Black, Cherry Red, Flame Blue, Lavender Pink, Pastel Green, Petrol Blue, Dark Pink, Chameleon Pink, Chameleon Blue, Matt Black, and Military Green.
- Hero MotoCorp
- Anuj Dua
- Royal Enfield
- Bajaj Auto
- Glamour X
- Xtreme 125R
- Xtreme 250R
- Xoom 160
- XPulse 210
- Harley-Davidson X440 T
- Dr Pawan Munjal
- Hero Premia
- Hero MotoSports
Hero MotoCorp Appoints Anuj Dua To Lead Premium Business Division
- By MT Bureau
- August 03, 2026
Hero MotoCorp, the world’s two-wheeler manufacturer, has appointed Anuj Dua as the new Chief Business Officer – Premium Segment to oversee its motorcycle and scooter operations in higher-displacement categories.
Dua brings experience from previous executive roles across Hero MotoCorp, Royal Enfield and Bajaj Auto, where he managed global product strategy, brand development and market expansion.
In his new role, Dua will manage product portfolio expansion, strategic partnerships, retail network development and customer engagement initiatives, including community events and branded merchandise across performance and lifestyle segments.
In FY2026, Hero MotoCorp expanded its product line-up through the introduction of models including the Glamour X, Xtreme 125R, Xtreme 250R, Xoom 160, XPulse 210 and the Harley-Davidson X440 T. To support these offerings, the manufacturer expanded its dedicated Hero Premia retail and service network to more than 130 stores across India. The standalone outlets feature specialised sales personnel and dedicated service bays.
Dr. Pawan Munjal, Executive Chairman of Hero MotoCorp, said, “The global mobility landscape is undergoing a significant transformation, led by rising consumer aspirations for premiumization including curated premium experiences. At Hero MotoCorp, we are responding to these transformative shifts with a future-focused strategy that combines innovation, design excellence, performance engineering and deeper customer engagement. Our expanding premium portfolio, retail transformation and motorsport initiatives are integral to this strategy, accelerating product innovation, strengthening brand aspiration, and reinforcing our position as a globally admired mobility brand which is proudly Made in India.”
At present, the company manufactures its premium range from its facility Neemrana, Rajasthan, which incorporates automated assembly lines and digital quality control systems. The vehicle platforms integrate electronic architecture supporting over-the-air software updates and rider assistance systems.
Additionally, the company utilises its Hero MotoSports division to evaluate chassis dynamics, electronic systems and powertrain durability for application across its commercial production models.
TVS Motor Company Sells 437,394 2Ws In July 2026
- By MT Bureau
- August 03, 2026
Chennai-headquartered two-wheeler and three-wheeler major TVS Motor Company, part of TVS VENU, has announced its wholesale figures for July 2026 selling 629,675 units. This marks a 38 percent increase compared to 456,350 units sold in July 2025.
The company reported its two-wheeler sales rose 38 percent to 603,138 units in July 2026, up from 438,790 units last year. Of this, domestic two-wheeler dispatches accounted for 437,394 units of the total, representing a 42 percent YoY increase, as compared to 308,720 units recorded a year ago.
In the electric vehicle segment, two-wheeler EV sales reached 60,934 units in July 2026, compared to 23,605 units in July 2025, marking a 158 percent growth rate.
International business dispatches across all categories grew 29 percent to 184,264 units in July 2026, compared with 142,629 units in the same period last year. Within the international segment, two-wheeler exports increased 27 percent to 165,744 units from 130,070 units recorded in July 2025.
Three-wheeler dispatches totalled 26,537 units during the month, up 51 percent from 17,560 units sold in the corresponding period of the previous year.

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