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 company to establish a manufacturing plant in Latin America. Its key products include two wheelers up to 350cc and spare parts. 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 the next 5-7 years.
Company Website: www.heromotocorp.com/en-in
Hero MotoCorp Limited – Bike Talkies
| 2020 | Hero Motorcorp infused additional capital of Rs. 84 crore (US$ 11 million) in Ather Energy, one of the leading Indian start-ups focused on two-wheeler electric mobility. With the latest round of investment, Hero Motorcorp owns 34.58% stake in the EV manufacturer |
| 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