HERO MOTOCORP.
Hero Motocorp is an Indian Multinational Motorcycle and Scooter Manufactured Company. Hero Motocorp's Headquarter is Situated in Delhi ( India).
Hero is The Brand Name used By the BrijMohan Munjal and Brothers in 1984 For Producing Cycle.
Now it is One of The World's Largest Two Wheelers Manufacturing Company. And it has Market Share 46% of Indian Two Wheelers Market in Financial year 2022-23. The Market Capitalisation of the Company was ₹59600 Crore and it is Equivalent to $ 8.8 Billion in 2023.
MR. Pawan Munjal is Executive Chairman & Whole time Director of The Company.
Hero Honda Started its Operation in 1984 as a Joint Venture Between Hero Cycle and Honda of Japanese Company.
During the 1980s Hero Cycle introduced Motorcycles. That Were Popular in India for Low Cost and Better Mileage from other Competitor like Suzuki, Bajaj, Yamaha. Etc.
In June 2012 Hero and Honda was Divided both Companies. Then the Name of the Company was Changed From Hero Honda to Hero Motocorp Ltd on 29 July 2011.
Hero Motocorp can Now Export to Latin America,Africa and Wast Asia.
Hero Motocorp has Five Manufacturing Facilities in India at - 1. Dharuhera, 2. Gurugram, 3. Neemrana, 4. Haridwar, and 5. Halol. And a New Manufacturing Plants is in Process in Chittoor in Andhra Pradesh.
These All 6 Plants Togather have Production Capacity of Over 76 lakh 2 Wheelers Unit par Year.
Hero Motocorp's Popular Products.
* Hero Splendor (100cc)
* Hero Super Splendor (125cc)
* Hero Passion+ & pro (110 & 125cc)
* Hero HF Deluxe (100cc)
* Hero Glamour (125cc)
* Hero Xtreme ( 125,160R,200R)
* Hero Xpluse (200cc)
* Hero Karizma XMR (210cc)
* Hero Maverick (440cc) New Launch
* Hero Destini Scooter (110 & 125cc)
* Hero Pleasure Scooter ( 110cc )
Hero Motocorp Has Five Joint Venture Companies.
1. Sunbeam Auto
2. Munjal Sowa
3. Rockman industries
4. AG industries
5.Satyam Auto Components.
These all Companies Supplying and Manufacturing 70 to 80% of Motorcycles and Scooters Components and Parts.