We met Mr Niranjan Gupta (CFO) and Mr Sanjay Bhan (Head- Sales) of Hero MotoCorp (HMCL) to get an update on (a) competitive intensity in the Commuter segment, (b) product positioning for upcoming launches in the Scooter 125cc and Premium motorcycle segments and (c) risk to profitability from competition. While management sees a limited impact from the aggressive pricing strategy of a competitor, it is excited about the upcoming launches in the white spaces (Scooters 125cc and Premium motorcycle) of its product portfolio.