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Ashwani Gautam named as new CEO of Firefox Bikes

by MN4U Bureau
February 18, 2025
in People
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Ashwani Gautam named as new CEO of Firefox Bikes
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New Delhi: Firefox Bikes, a bicycle brand, has announced the appointment of Ashwani Gautam as its new Chief Executive Officer (CEO). With deep expertise in business transformation, P&L management, and go-to-market strategies, Ashwani is set to drive Firefox’s expansion and innovation in the premium cycling segment.

An alumnus of IIT BHU and IIM Ahmedabad, Ashwani brings over 16 years of leadership experience across diverse industries including consumer durables, healthcare, power, and automation. He has held key roles in prominent companies such as Hero Cycles, where he served as Chief of Staff and Business Head for International Business, Exports, and E-commerce. His background in sales and marketing, combined with his proven track record in business growth across multiple global markets, positions him as the ideal leader to take Firefox Bikes to new heights.

In his new role, Ashwani will be responsible for strengthening Firefox’s market leadership, expanding its retail and digital presence, and driving product innovation to meet the evolving needs of cycling enthusiasts in India.

Pankaj Munjal, Chairman and Managing Director of Hero Motors Company, expressed his enthusiasm about Ashwani’s appointment, saying, “We are delighted to have Ashwani lead Firefox at this exciting juncture. His extensive experience in business strategy, market expansion, and consumer engagement aligns perfectly with our vision for the future of premium cycling. Under his leadership, Firefox is set to further reinforce its position as the go-to brand for high-performance bicycles in India. We also expect Hero Lectro to continue driving the e-cycle revolution in India, under his rich experience.”

Since its inception in 2005, Firefox Bikes has been at the forefront of pushing the boundaries of design and engineering to transform the cycling experience in India. With Ashwani at the helm, the company aims to make premium cycling more accessible while promoting sustainability and fitness through innovative products.

Ashwani Gautam shared his excitement for the role, stating, “Cycling is at the intersection of sustainability, fitness, and urban mobility. Firefox has been a pioneer in transforming premium cycling in India, and I am excited to lead the brand into its next phase of growth. My focus will be on strengthening Firefox’s presence in the premium segment and enhancing the overall cycling experience for enthusiasts across the country.”

Firefox Bikes operates under Hero Motors Company (HMC), a global leader in mobility solutions. Established in 1956, HMC has a strong legacy in the two-wheeler industry, expanding its footprint to 18 locations worldwide and generating an annual revenue of USD 710 million. Under Ashwani’s leadership, Firefox aims to continue leading the premium bicycle market while aligning with the evolving global trends in fitness, mobility, and sustainability.

Tags: Ashwani GautamFirefox BikesHero Motors CompanyPankaj Munjal

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