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HERO MOTOCORP
CONTENTSCompany profileHistory
Termination of Honda joint venture
Hero MotoCorpCompany performanceSuppliers
Hum mein hai Hero
Company ProfileType : Public CompanyFounded in : January 1984, in Gurgaon Haryana.Slogan : In 1980 introduce fuel efficient Motocycle “Fill it, Shut it, Forget it.”Technology (1984-2010)Models: 11Products: Motorcycles and ScootersHead quarter : New DelhiBOD : Brij Mohan Munjul (Founder, Director, Chairman), Pawan Munjal (MD
and CEO), and 9 Directors Sunil kant Munjul , Mr. Paul Edgerley, Pardeep Dinodia, General Malik, Mr. Analjit Singh, Dr. Pritam Singh, M. Damodran, Ravi Nath, Dr. Anand C. Burman.
Revenue : 19,669.290 Crore (US $ 4.39 Billion)Traded in :
BSE = 500182NSE = HEROMOTOCO
HistoryIn 1956, formation of hero cycles in Ludhiana.In 1975, largest bicycle manufacturer.In 1983, Joint Collaboration Agreement with Honda
Motor Co. Ltd. In 1984, Hero Honda Motors Ltd. Incorporate.Termination of Honda joint Venture
Joint venture2010 Honda decide to move out of joint venture.Hero group brought the 26% shares held by Honda (1b$) .Hero Motocorp. can now export.
Hero Moto CorpRenamed on August 2011 9 August 2011, Lords ( Day before 3rd Test match)New Logo (Wolff Olins)
Company PerformanceLargest sale and service network (3000 dealership and
service points)In 2008-2009, 3.7 millions, 12% growth, 57% market
share.
Suppliers5 Joint venture or associates company :
Munjul Shawa AG industires Sun beam auto Rock man industry Satyam auto components
Award• Bike manufacturer of the Year ( Economic Times Zig Wheels car & Bike Award in 2011)
Conclusion
Largest two wheelers manufacturer in India with good service network.
Fuel Efficient, “Fill it, Shut it, Forget it.”.To concentrate resources on its own two
wheelers units in the country.Tentative Plan
Target 10 billion dollars in sale in five years (10% international market).
Global EnterpriseNew model : Maestro (Masculine scooter), Impulse