Hero MotoCorp

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Hero MotoCorp

  • World's largest manufacturer of two-wheelers
  • One of the largest Indian automobile exporters
  • Possesses four world-class manufacturing facilities

Hero MotoCorp Ltd is the world’s largest manufacturer of motorcycles. The company is owned by the Munjal brothers and was started in 1984 as a joint venture (JV) between Hero Cycles Ltd and Honda Motor Company. It was then known as Hero Honda Motors Ltd, but since 2010 following its separation with the Honda Group, the company is known as Hero MotoCorp Ltd.

The two-wheelers are manufactured across four globally benchmarked manufacturing facilities. Two of these are based at Gurgaon and Dharuhera which are located in the state of Haryana in northern India. The third manufacturing plant is based at Haridwar, in the hill state of Uttarakhand. The fourth and the latest one is at Hero Garden Factory in Neemrana, Rajasthan.

The company's growth in the two-wheelers market in India is the result of an intrinsic ability to increase reach in new geographies and growth markets. Hero MotoCorp's extensive sales and service network now spans over 6,000 customer touch points. These comprise a mix of authorised dealerships, service and spare parts outlets, and dealer-appointed outlets across the country.

Source: http://www.heromotocorp.com/

Hero MotoCorp: Number One Two-Wheeler Manufacturer

2015

Sold 100,000 bikes worth Rs 500 crore (US$ 76.2 million) on Snapdeal

2014

Sets up plant in Columbia

2013

Sets up new state-of-the-art Hero Garden Factory in Neemrana, Rajasthan

2012

Wins awards for Best Value for Money Bike Maker and Best Advertising in Two Wheelers Category at the Auto India Best Brand Awards

2010

Launches new models of Splendor Pro, Super Splendor and Hunk

2008

Wins coveted NDTV Profit Business Leadership Award

2006

Creates global record of crossing sales of over two million units in a single year

 

Updated: September, 2014

Automobile
The automobile industry in India is expected to be the world's third largest by 2016.
x IBEF : India Brand Equity Foundation