Description

Hero MotoCorp Ltd. is the world’s largest manufacturer of two-wheelers, in terms of unit volumes sold by a single company in a calendar year.

🏢 Company Details:
Founded: January 19, 1984 (as Hero Honda Motors Ltd.)

Headquarters: New Delhi, India

Chairman & CEO: Dr. Pawan Munjal

Global Presence: Over 40 countries across Asia, Africa, South & Central America, and the Middle East.

🔄 History & Legacy
Originally a joint venture between Hero Group (India) and Honda (Japan).

The JV ended in 2010, and the company was renamed Hero MotoCorp in 2011.

Since then, it has continued independently, building its own R&D and product lines.

🏭 Manufacturing & R&D
Manufacturing Plants: 6 in India (Haryana, Rajasthan, Uttarakhand, Gujarat, Andhra Pradesh), and global manufacturing in Colombia and Bangladesh.

R&D Facilities:

Hero Tech Centre Germany GmbH in Munich, Germany

Hero Centre of Innovation and Technology (CIT) in Jaipur, India

🛵 Product Portfolio
🔹 Motorcycles:
Commuter Bikes: Splendor Plus, HF Deluxe, Passion Pro, Glamour

Premium/Performance Bikes: Xtreme 160R, Xpulse 200, Karizma XMR

Mileage-focused: Splendor iSmart (with i3S technology)

🔸 Scooters:
Destini 125 XTEC

Maestro Edge 110/125

Pleasure+ XTEC

⚡ Electric (EV) Segment:
Vida – Hero’s EV brand

First model: Vida V1 (launched in 2022)

Focus on high-speed, urban electric scooters with swappable battery tech.

🌐 Global Expansion
Exporting to 40+ countries

Partnered with Harley-Davidson for distribution and co-development in India

Expanding EV infrastructure in India and global EV ambitions through the Vida brand

📈 Financial & Market Highlights
Market leader in the commuter motorcycle segment in India.

Known for high mileage, reliability, and affordability.

Over 110 million Hero two-wheelers on roads globally.

Listed on NSE and BSE, part of major indices like Nifty 50.

🏆 Awards & Achievements
World’s largest two-wheeler manufacturer for 20+ consecutive years

Recognized for sustainability, CSR, and workplace excellence

Trusted brand with a strong rural and urban customer base

🌱 Sustainability & CSR
Focus on green mobility and emission reduction

Active in education, healthcare, rural development, and women empowerment through Hero WeCare initiatives

🎯 Vision
“To be the future of mobility by creating a sustainable, innovative, and technology-led ecosystem that enhances the lives of people.”