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Industry Center > > Hero MotoCorp Ltd. Company Profile
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Hero MotoCorp Ltd. Company Profile
Hero MotoCorp is putting forth an epic performance in the manufacture of two-wheeled motor vehicles. Serving the Indian market, Hero MotoCorp (formerly Hero Honda Motors Ltd.) sells more than 3 million bikes annually with offerings ranging from fuel-efficient scooters to powerful motorcycles. The company, considered the largest two-wheeler manufacturing company in the world, exports to Africa, Asia, Eastern Europe, and Latin America. Hero MotoCorp started as a joint venture between Hero Group (run by the Munjal family) and Honda Motors. In mid-2011 Honda sold its 26% stake in Hero MotoCorp to Hero Group. CEO Pawan Munjal and the Munjal family own 52% of Hero MotoCorp.
Headlines for Hero MotoCorp Ltd.
Hero MotoCorp enters Bangladesh
- Mon Apr 21
Sensex, Nifty at new highs; capital goods sector gains
- Wed 8:08 am ET
Shanghai Falls; Nikkei Ends Flat
- Mon Apr 21
Asian Markets Edge Up in Thin Trade
- Thu Apr 17
Sensex closes 144 points down on inflation concerns
- Tue Apr 15
Sensex Outperforms in Muted Asian Session
- Thu Apr 17
Sensex scales new high for fourth straight session
- Thu Mar 27
Asian Markets Mixed
- Tue Apr 15
Asian Markets Fall; Track Wall Street Losses
- Fri Apr 11
Tokyo Sharply Lower in Weak Asia
- Fri Apr 11
Contact Information
Address: 34 Community Centre, Basant Lok, Vasant Vihar
New Delhi 110057, India
Financial Highlights
Fiscal Year End:March
Revenue (2013):4349.60 M
Revenue Growth (1 yr):(-5.40%)
Employees (2013):5,842
Employee Growth (1 yr):(-4.30%)
Key People
Chairman: Brijmohan Lall Munjal
CEO and Managing Director: Pawan Munjal
Sr. Vice President, Chief Financial Officer: Ravi Sud
Industry Information
Top Competitors
Bajaj Auto Limited
Suzuki Motor Corporation
Yamaha Motor Co., Ltd.

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