Professional Documents
Culture Documents
Hero Moto Corp News Report
Hero Moto Corp News Report
Honda Motor
Company of Japan and the Hero Group entered a joint venture to setup Hero Honda Motors
Limited in 1984. The joint venture between India's Hero Group and Honda Motor Company,
Japan has not only created the world's single largest two wheeler company but also one of the
most successful joint ventures worldwide.
During the 80s, Hero Honda became the first company in India to prove that it was possible to
drive a vehicle without polluting the roads. The company introduced new generation motorcycles
that set industry benchmarks for fuel thrift and low emission. A legendary 'Fill it Shut it
Forget it' campaign captured the imagination of commuters across India, and Hero Honda sold
millions of bikes purely on the commitment of increased mileage.
Over 20 million Hero Honda two wheelers tread Indian roads today. These are almost as many as
the number of people in Finland, Ireland and Sweden put together. Hero Honda has consistently
grown at double digits since inception; and today, every second motorcycle sold in the country is
a Hero Honda. Every 30 seconds, someone in India buys Hero Honda's top selling motorcycle
Splendor. This festive season, the company sold half a million two wheelers in a single month?a
feat unparalleled in global automotive history.
Hero Honda became the first company in the country to introduce fourstroke motorcycles and
set the standards for fuel efficiency, pollution control and quality. It has an excellent distribution
and service network spread throughout the country.
Hero Honda bikes currently roll out from its three globally benchmarked manufacturing
facilities. Two of these are based at Dharuhera and Gurgaon in Haryana and the third state of the
art manufacturing facility was inaugurated at Haridwar, Uttrakhand in April this year. These
plants together are capable of producing out 4.4 million units per year.
Having reached an unassailable pole position in the Indian two wheeler market, Hero Honda is
constantly working towards consolidating its position in the market place. The company believes
that changing demographic profile of India, increasing urbanization and the empowerment of
rural India will add millions of new families to the economic mainstream. This would provide
the growth ballast that would sustain Hero Honda in the years to come. As Brijmohan Lall
Munjal, the Chairman, Hero Honda Motors succinctly points out, 'We pioneered India's
motorcycle industry, and it's our responsibility now to take the industry to the next level. We'll do
all it takes to reach there.''
Product range of the company includes:
CD Dawn
CD Deluxe
Pleasure
Splendor +
Splendor NXG
Passion PRO
Passion Plus
Super Splendor
Glamour
Glamour PGM FI
Achiever
CBZ Extreme
Hunk
Karizma
Milestones:
1983
Joint Collaboration Agreement with Honda Motor Co. Ltd. Japan signed
Shareholders Agreement signed
1984
1985
1987
1989
1991
1992
1994
1997
1998
1999
2000
Splendor declared 'World No. 1' largest selling single twowheeler model
2001
2002
Becomes the first Indian Company to cross the cumulative 7 million sales mark
Splendor has emerged as the World's largest selling model for the third calendar year in a
row (2000, 2001, 2002)
New motorcycle model 'CD Dawn' introduced, New motorcycle model 'Splendor +'
introduced, New motorcycle model 'Passion Plus' introduced, New motorcycle model
'Karizma' introduced
2004
2005
Hero Honda is the World No. 1 for the 4th year in a row
New motorcycle model 'Super Splendor' introduced, New motorcycle model 'CD
Deluxe' introduced New motorcycle model 'Glamour' introduced, New motorcycle
model 'Achiever' introduced
2006
Hero Honda is the World No. 1 for the 5th year in a row
15 million production milestone achieved
2007
Hero Honda is the World No. 1 for the 6th year in a row
New 'Splendor NXG' launched
2008
2009
2010
2011
July 29, 2011 Hero Honda Motors changed its name to Hero MotoCorp following the
exit of its erstwhile Japanese promoter, Honda, from the company
2012
2013
Achievements/ recognition:
2013
Business Leader of the Year' Award in the Auto (Two Wheelers) category by Deputy
Chairman of the Planning Commission Mr. Montek Singh Ahluwalia, at the NDTV
Business Leadership Awards 2013 (Conferred on Mr. Pawan Munjal)
2012
Digital Advertiser of the year at the Indian Digital Media Awards (IDMA) 2012
Three awards (Launch Event of the year, Rural Engagement Progamme and Live Patron
Award for Marketing Excellence) at the WOW Awards organised by
EventFAQsAdvertiser of the year 2012 by Indian Digital Media Awards 2012
2011
2010
Rated as Top Indian Company in Automobile Two Wheelers sector by Dun &
Bradstreet Rolta Corporate Awards 2009
Most Preferred Brand of TwoWheelers' award at the CNBC Awaaz Consumer Awards.
Adjudged at top of the twowheeler category in the Brand Equity Most Trusted Brands
2010 Survey
Ranked No. 3 Most Trusted Brand across categories amongst Young Adult Males
Company of the Year awarded by Economic Times Awards for Corporate Excellence
200809
NDTV Profit Car & Bike Awards 2010 Twowheeler Manufacturer of the Year, CnB
Viewers' Choice Twowheeler of the Year (Karizma ZMR) and Bike Maker of the Year
by ETZigWheels Car & Bike of the Year Awards 2009'
2009
'Twowheeler Manufacturer of the Year' by NDTV Profit Car & Bike Awards 2009 and
Passion Pro adjudged as CNB Viewers' Choice twowheeler
Top Indian Company under the 'Automobile Twowheelers' sector bythe Dun &
BradstreetRolta Corporate Awards
Won Gold in the Reader's Digest Trusted Brand 2009 in the 'Motorcycles' category
2008
IndiaTimes Mindscape and Savile Row ( A Forbes Group Venture ) Loyalty Awards
Asian Retail Congress Award for Retail Excellence (Strategies and Solutions of business
innovation and transformation)
Overdrive Magazine
2007
The NDTV Profit Car India & Bike India Awards 2007
2006
Hero Honda Splendor rated as India's most preferred twowheeler brand at the Awaaz
Consumer Awards 2006
2005
Awaaz Consumer Awards 2005 Bike Maker of the Year Award by Overdrive Magazine
2004
Winner of the Review 200 Asia's Leading Companies Award (3rd Rank amongst the top
10 Indian companies)
ICSI National Award for Excellence in Corporate Governance 2004 by The Institute of
Company Secretaries of India.
2003
2002
2001
Business School Award for Corporate Performance to Hero Honda Motors Ltd.
Advertisement
Advertisement
NSE
BSE
7.12% 92.88%
Recovery from Intraday Low Fall from Intrday High
All
News
Announcements
Press Release
By NSE on 10 Mar 2015 | 00:00 AM
Press Release
By NSE on 02 Mar 2015 | 00:00 AM
Registered Office
Address: 34 34 Basant Lok, Vasant Vihar,Tel: 011-46044100, 26142451
Fax: 011-26143321, 26143198
Email: ilam.kamboj@heromotocorp.com
Website: www.heromotocorp.com
Registrars Details
No Records Found!
Hero MotoCorp
http://www.academia.edu/7702805/Business_Competitiveness_Strategies_for_Two_w
heeler_Industry?login=madhuri.3074@gmail.com&email_was_taken=true
http://en.wikipedia.org/wiki/TVS_Group
http://economictimes.indiatimes.com/news/news-by-industry/auto/two-wheelers
http://economictimes.indiatimes.com/industry/auto/news/twowheelers/motorcycles/2014-year-of-two-wheelers-for-indian-autoindustry/articleshow/45521557.cms
http://ijrcm.org.in/download.php?name=ijrcm-1-IJRCM-1_vol-4_2013_issue-11-art04.pdf&path=uploaddata/ijrcm-1-IJRCM-1_vol-4_2013_issue-11-art-04.pdf
http://www.bvimsr.com/publcation%20pdf%20files/pdfoct2010vol-2%20no2/199%20Two%20wheeler%20industry.pdf
http://www.niit-tech.com/sites/default/files/MFG-SS-4.pdf
http://profit.ndtv.com/stock/hero-motocorp-ltd_heromotoco/reports-directors-report