Hero MotoCorp Limited

Go Back

Hero MotoCorp Limited

  • World’s largest two-wheeler manufacturer
  • Present in South Asia, Africa, Middle East and Latin America
  • Key products – Two wheelers and their spare parts
  • Turnover of Rs 33,397.64 crore (5.18 billion) during 2017-18

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 upto 350cc and spare parts. Two wheelers contributed Rs 29,422.60 crore (US$ 4.57 billion) and sale of spare parts contributed Rs 2,578.06 crore (US$ 400.01 million) to the total revenue of the company during 2017-18. The company has an objective to reach 50 global markets by 2020.

Company Website: www.heromotocorp.com/en-in

Hero MotoCorp Limited – Bike Talkies

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: October, 2018

Automobile
India became the fourth largest auto market in 2017.