Hero Motors Company
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 | |
| Company type | Private |
|---|---|
| Founded | 2007 |
| Headquarters | Gurugram, Haryana, India |
Key people | Pankaj M Munjal[1][2] |
| Products | Bicycles, scooters, motorcycles |
| Revenue | ₹26 billion (US$330 million) 2017-2018[3][4] |
| Total assets | ₹76.40 billion (US$960 million)[2] (2017-2018) |
Number of employees | 7610 |
| Website | hmcworld |
Hero Motors Company (HMC) is an Indian multinational business conglomerate controlled by Pankaj M Munjal.[5][6] The HMC family[1][7] is made up of organisations such as Hero Cycles, Avocet Sports (UK),[8] BSH (Sri Lanka), Firefox,[9] Spur,[10] HGD,[11] Hero Motors,[12] Munjal Hospitality,[13][14] Munjal Kiriu,[15] ZF Hero[16] and OMA.[17]
Plants[edit]
- Hero Cycles, Ludhiana, Punjab[18]
- Hero Cycles, Ghaziabad, Uttar Pradesh[19]
- Hero Cycles, Bihta, Bihar[20]
- BSH Ventures Pvt. Ltd., Sri Lanka[21]
- ZF HERO Chassis Systems, Pune, Maharashtra[22][23]
- ZF HERO Chassis Systems, Chennai, Tamil Nadu[24]
- Munjal Kiriu, Manesar, Haryana[25]
- Munjal Kiriu, Ahmedabad, Gujarat[26][27]
See also[edit]
References[edit]
- ^ a b PTI (20 July 2015). "Hero Motors Group elevates Pankaj Munjal as CMD". The Hindu. Retrieved 19 March 2021.
- ^ a b Bhandari, Bhupesh; Mukherjee, Sharmistha (3 March 2012). "The cycle king". Business Standard India. Retrieved 19 March 2021.
- ^ "HMC revenue reaches to INR 2600 Cr". epaper.bhaskar.com. 27 December 2017. Retrieved 27 December 2017.
- ^ "HMC revenue expected to reache INR 2600 Cr". dainiksaveratimes.epapr.in. 27 December 2017. Retrieved 27 December 2017.
- ^ "Hero Cycles Ltd". Herocycles.com. Archived from the original on 7 August 2011. Retrieved 10 August 2011.
- ^ "Hero Cycles & other group companies elevate Pankaj Munjal as new Chairman & MD". The Economic Times. 20 July 2015. Retrieved 20 July 2015.
- ^ "Hero Group: How embarrassment led to the creation of world's largest bicycle empire". entrepreneur.com. 1 October 2015. Retrieved 19 March 2021.
- ^ PTI (22 November 2016). "Hero Cycles plans to set up global design centre in UK". The Hindu Businessline. Retrieved 19 March 2021.
- ^ Raj, Amrit (18 September 2015). "Hero Cycles buys Firefox Bikes for Rs 150 crore". Mint. Retrieved 19 March 2021.
- ^ "Hero Cycles Q&A". bikebiz.com. 9 June 2016. Retrieved 19 March 2021.
- ^ "GLOBAL BIKE MANUFACTURER UNVEILS £2M MANCHESTER DESIGN CENTRE". bqlive.co.uk. 30 January 2017. Retrieved 19 March 2021.
- ^ Behl, Mohit (14 October 2016). "Hero Cycle Group's transmission division to supply gears to Ducati". The Times of India. Retrieved 19 March 2021.
- ^ Mookerji, Nivedita; Chitravanshi, Ruchika (17 May 2012). "Hero's hospitality foray begins with Marriott deal". Business Standard India. Retrieved 19 March 2021.
- ^ Tiwari, Ashish K. (6 September 2011). "Hero Group putting up a Rs650 crore hotel in Gurgaon". DNA India. Retrieved 19 March 2021.
- ^ Das, Sohini (20 September 2017). "Munjal Kiriu Industries commissions new auto component plant in Gujarat". Business Standard India. Retrieved 19 March 2021.
- ^ "ZF Hero Chassis System inaugurates new plant". indiancarsbikes.in. 26 September 2015. Retrieved 19 March 2021.
- ^ "Hero Motors launches AUMA, enters restaurant business". Business Standard India. 3 November 2011. Retrieved 19 March 2021.
- ^ PTI (22 April 2017). "Hero Cycles eyes setting up Rs. 400 cr". The Hindu Businessline. Retrieved 19 March 2021.
- ^ PTI (12 August 2013). "Hero Cycles opens aluminium cycle unit at Ghaziabad". The Hindu Businessline. Retrieved 19 March 2021.
- ^ "Investment pedals in with Hero". Telegraph India. 27 August 2014. Archived from the original on 29 August 2014. Retrieved 19 March 2021.
- ^ "Hero Cycles' Lankan acquisition to serve as gateway for exports to Europe & high-end bicycles to India". Business Today. 4 May 2016. Retrieved 19 March 2021.
- ^ Bajad, Kiran (6 October 2016). "ZF goes all out to increase localisation". Autocar Pro. Retrieved 19 April 2021.
- ^ "ZF sets up Plant in Pune, India for heavy truck transmissions". machinist.in. 27 October 2010. Retrieved 19 March 2021.
- ^ PTI (1 October 2015). "ZF Hero starts assembling chassis for BMW". The Economic Times. Retrieved 19 March 2021.
- ^ "Hero Motors sells 17.6% stake in Munjal Kiriu Industries". The Hindu. 14 February 2011. Retrieved 19 March 2021.
- ^ ANI (21 September 2017). "Hero Motors invests Rs. 150Cr, installs new manufacturing unit under joint venture with Kiriu, Japan". Hans India. Retrieved 19 March 2021.
- ^ "HeroMotors-led casting venture commissions ₹150-crore plant in Gujarat". The Hindu Businessline. 20 September 2017. Retrieved 19 March 2021.
External links[edit]
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