By

Amit Anand (PGP

2012-14)

Dharuhera and Gurgaon plants has

R&D units as well as Sourcing, Supply
chain & Vendor development teams

Strategic future plans

Future plans..
The company has a stated aim of achieving revenues of
$10 billion and volumes of 10 million two-wheelers by
2016-17
This in conjunction with new countries where they can
now market their two-wheelers following the
disengagement from Honda, Hero moto corp hopes to
achieve 10% of their revenues from international markets
To cope with the new demand the company was going to
build their fourth factory in south India and their fifith
factory in Western India

R&D centre in kukas, Rajasthan

 450 crore R&D centre of excellence near

Kukas, Jaipur
More than 600 engineers working on
Hero's future product line-up
With the company spreading its
manufacturing base to more than 20
locations across continents by 2020, they
really need such a centre to scale up their
technological prowess.
It plans to commence operations by 1st
quarter of calendar year 2015

Mr. Erik Buell of Erik Buell Racing (EBR), US;

Mr. Alberto Strazzari of Engines Engineering,
Italy and Mr. Markus Feichtner of AVL, Austria.

EBR Racing

Erik Buell Racing is a motorcycle sport company which produces

street and racing motorcycles, based in East Troy, Wisconsin, USA
On 2 July 2012, Hero in its first such investment outside the
country, bought a 49.2% stake in EBR for $25 million.

AVL Austria
AVL is the world's largest independent company for
the development of powertrain systems with
internal combustion engines as well as
instrumentation and test systems.

Hero Moto Corp forms Joint Venture with

Magneti of Italy
60:40 Venture

Eugenio Razelli, CEO, Magneti Marelli along with Pawan Munjal

CEO of HMCL

Operational by 2015, with a sales target of 15 million per year

They will together invest $27 million till 2024.
And targeting revenue of 100 millions in 5 years.