Hero MotoCorp Limited (formally Hero Honda Motors Limited) is the world’s largest manufacturer of two-wheelers. It is present in South Asia, Africa, Middle East and Latin America. Hero MotoCorp was the first Indian two-wheeler to establish a manufacturing plant in Latin America. Its key products include Two Wheelers up to 350cc and spare parts. Two wheelers contributed Rs 29,693.52 crore (US$ 4.25 billion) and sale of spare parts contributed Rs 2,835.97 crore (US$ 405.78 million) to the total revenue of the company during 2018-19. The company has an objective to reach 50 global markets by 2020.
The company plans to invest Rs 10,000 crore (US$ 1.43 billion) over next 5-7 years.
Company Website: www.heromotocorp.com/en-in
Hero MotoCorp Limited – Bike Talkies
|2019||Hero Motocorp starts home delivery of new two-wheelers to customers.|
|2018|| Launched of e-commerce portal for Hero Genuine Parts. |
Entered into pre-owned two-wheeler business.
|2017|| Launched the brand in Argentina. |
Received ‘Indian MNC of the Year’ by the All India Management Association (AIMA).
|2016||Received various awards like Time India Awards – Manufacturing Innovator of the Year Award, Best two-wheeler pavilion at the CNB Auto Expo Awards, Best Executive Motorcycle - Hero Super Splendor by J.D. Power India etc.|
|2012||Entered into a strategic partnership with USA based Eric Buell Racing (EBR).|
|2011||New Licence agreement was signed between Hero and Honda. Hero was named as Hero MotoCorp Limited.|
|2008||Established a plant in Haridwar, Uttarakhand.|
|2003||It became first Indian company to cross cumulative seven million sales mark.|
|2000||Splendor, which was launched in 1994, became ‘World’s No. 1’ – largest selling two-wheeler.|
|1997||Established second manufacturing plant in Gurgaon.|
|1984||Hero Honda Motors Limited was incorporated and rolled out its first motorcycle ‘CD 100’ in 1985.|
|1983||Entered into a joint collaboration with Honda Motors Company Limited.|
Updated: May, 2019