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Hero MotoCorp

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...

Hero MotoCorp Overview

hero motoCorp Image Source : Wikipedia
  • 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

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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

I-T searches Hero MotoCorp offices, Pawan Munjal’s residence

March 24, 2022 1:16 am

The company, however, issued a statement later in the day, terming the exercise a “routine inquiry, which is not uncommon before the end of the financial year”.

Munjal vs Munjal: What is the legal tiff among ‘Hero’ promoters about?

January 05, 2022 10:16 am

Hero Electric has contended before the Delhi High Court that when the extended Munjal families decided to go their separate ways in 2010, the father-son duo of Vijay and Naveen Munjal were given the ownership of Hero Electric.

Hero shuts plants amid surge, first such action by big firm

April 21, 2021 7:33 am

The company is the first major manufacturer to announce a temporary suspension of production as a precautionary measure, even as the government has maintained that there won’t be a nationwide lockdown.

Hero MotoCorp to sell, service Harley-Davidson bikes in India

October 28, 2020 12:41 pm

As per a licensing deal, Hero MotoCorp will develop and sell a range of premium motorcycles under the Harley-Davidson brand name, the statement said.

Harley-Davidson in talks with Hero MotoCorp for distribution deal post India exit: Report

September 25, 2020 4:29 pm

Discussions are also ongoing to let Hero become a contract manufacturer for at least one Harley motorcycle with 300-600 cc engine capacity

Hero Electric partners OTO Capital for flexible financing options for electric two-wheelers

August 19, 2020 3:46 pm

Under the partnership, OTO Capital will offer a flexible model to customers to lease an electric two-wheeler for a minimum of 12 months, after which they can choose to upgrade to any other model, the company said in a statement.

Hero MotoCorp restarts operations, carmakers prepare to get plants running

May 05, 2020 12:29 am

While a senior executive at Hyundai Motors said they will start their plant from May 6, Toyota Kirloskar Motors said they will begin plant preparations including training of staff beginning Tuesday.

Hero MotoCorp launches HF Deluxe BS-VI, price starts at Rs 55,925

December 31, 2019 5:33 pm

The HF Deluxe BS-VI will be available at Rs 55,925 for self-start alloy-wheel variant and Rs 57,250 for self-start alloy i3S variant (prices ex-showroom Delhi) from the beginning of January 2020.

Hero MotoCorp sales down 15.31 per cent at 5,16,775 units in November

December 02, 2019 5:57 pm

Hero MotoCorp said it has scaled up production of its BS-VI vehicles, while discontinuing rolling out of several BS-IV models in an effort to migrate completely to the new emission era.

Hero MotoCorp launches BS-VI compliant Splendor iSmart priced at Rs 64,900

November 07, 2019 5:05 pm

The motorcycle, which has 110cc fuel injection engine that delivers power of 9 BHP, also provides added punch with higher torque along with a higher fuel efficiency from the previous generation, Hero MotoCorp said in a statement.

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