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Hero MotoCorp
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Hero MotoCorp: A Dominant Force in Indian Two-Wheelers Hero MotoCorp Limited, headquartered in Delhi, stands as a leading multinational manufacturer of motorcycles and scooters in India. Boasting an approximate 30% market share in the domestic two-wheeler sector, the company's dominance is undeniabl...
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- Company type Public
- Industry Automotive
- Founded 19 January 1984
- Founders Brijmohan Lall Munjal
- Headquarters New Delhi, India
- Key people Pawan Munjal (Executive chairman)
- Revenue ₹34,727 crore (US$4.0 billion) (FY2023)
- Net income ₹2,799 crore (US$320 million) (FY2023)
- Number of employees 8,599 (2020)
- Subsidiaries Vida EV
- Website www.heromotocorp.com
Related Other Pages:
- BMW, General Motors and Tesla
Hero MotoCorp history
Last Updated : 22/03/25, 04:15 PM
Hero MotoCorp: From Joint Venture to Global Player Hero Honda, a joint venture between India's Hero Cycles and Japan's Honda, commenced operations in 1984. The Munjal brothers' Hero brand, holding a 26% stake alongside Honda, quickly established itself, notably through its fuel-efficient 'Fill it - ...
HERO MOTOCORP NEWS
Hero MotoCorp joins ONDC, says want to enhance reach and convenience
May 13, 2024 5:31 pm
Customers can easily discover 'Hero Genuine Parts' by using any buyer apps on the network, such as Paytm and Mystore, among others, Hero MotoCorp said in a statement.
ED attaches Munjal assets worth Rs 25 cr under PMLA provisions
November 11, 2023 2:26 am
The ED has initiated investigation on the basis of a prosecution complaint filed by the Directorate of Revenue Intelligence (DRI) under Section 135 of the Customs Act against Munjal and others for taking foreign exchange/currency out of India illegally.
FIR against Hero Motocorp, exec manager, others for ‘manufacturing fake bills’ worth Rs 5.9 cr
October 10, 2023 3:11 am
Police said a case has been registered against the company, Munjal and other senior officers at the firm.
Hero MotoCorp receives over 25,000 bookings for India-made Harley-Davidson
August 08, 2023 10:36 am
Hero MotoCorp said 65% of the bookings for the X440 were for the motorcycle's top-end variant, priced at Rs 2.69 lakhs.
Sensex soars 467 pts, Nifty closes at 18,865; RIL, HDFC twins & ITC gain, IT stocks lose
June 16, 2023 3:51 pm
In the intraday session, Sensex touched a high of 63,520.36, up 602.73 points, or 0.95 per cent, while Nifty50 climbed 176.6 points, or 0.94 per cent to touch 18,864.70.
Hero MotoCorp aims to expand electric range, upgrade sales infra for premium push
June 08, 2023 3:22 pm
Hero MotoCorp is gearing up to expand its electric two-wheeler range while upgrading its existing sales infrastructure to enhance premium play as part of its future growth plans, according to its newly appointed CEO Niranjan Gupta.
Overcapacity hits 2-wheeler firms as sales at decadal lows
January 28, 2023 2:23 am
After hitting an all-time high of 21.17 million in FY19, the two-wheeler market witnessed a freefall in demand, pushing it down to 13.46 million in FY22, which is at par with the FY12 level when the industry had clocked sales of 13.40 million.
Hero’s Vida electric scooter is coming soon: Here's what we know so far
September 30, 2022 12:52 pm
Hero Motorcorp's Vida has hinted at the much-awaited release of its first electric scooter.
Two men held for ‘posing as MHA official to mislead CII’ get bail
July 22, 2022 8:18 pm
As per court records, the case was registered on the complaint of Deputy Director General and Head of Internal IT & Cyber, CII, Lodhi Road who informed the police about an alleged case of impersonation of Senior Officials of MHA.
Hero MotoCorp to hike motorcycle, scooter prices by up to Rs 3,000 from Jul 1
June 24, 2022 1:53 pm
Hero MotoCorp sells a range of models, ranging from entry-level HF100 with prices starting at Rs 51,450, while Xpulse 200 4V tagged at Rs 1.32 lakh (ex-showroom Delhi).
