Hero MotoCorp Ltd. is an Indian multinational motorcycle and scooter manufacturer based in New Delhi, India. It is the world's largest manufacturer of motorcycles and scooters in terms of unit volume sales. The company was originally a joint venture between Hero Cycles of India and Honda of Japan, but it became a separate entity in 2011 when Honda sold its stake in the company.
Hero MotoCorp has a rich history that dates back to 1984 when it started as a joint venture with Honda. The company's first motorcycle, the Hero CD 100, was launched in 1985 and quickly became a popular choice among Indian consumers. Over the years, Hero MotoCorp has introduced several iconic models such as the Splendor, Passion, and Karizma, which have become household names in India.
Today, Hero MotoCorp has a wide range of motorcycles and scooters catering to different segments of the market. The company's product portfolio includes commuter motorcycles, premium motorcycles, and scooters. It offers a variety of models with different engine capacities, ranging from 100cc to 200cc, to suit the diverse needs and preferences of consumers.
One of the key strengths of Hero MotoCorp is its extensive distribution network. The company has a strong presence in both urban and rural areas of India, with over 6,000 dealerships and service centers spread across the country. This wide network ensures that customers have easy access to Hero MotoCorp's products and services, making it a preferred choice for many.
In addition to its domestic market, Hero MotoCorp has also expanded its presence in international markets. The company exports its motorcycles and scooters to over 40 countries, including countries in Africa, Asia, and Latin America. This global presence has helped Hero MotoCorp establish itself as a leading player in the global two-wheeler industry.
Hero MotoCorp is committed to innovation and technological advancements. The company has a state-of-the-art research and development center in Jaipur, India, where it focuses on developing new products and technologies. Hero MotoCorp has also collaborated with international partners such as Erik Buell Racing and AVL to enhance its technological capabilities.
Sustainability is another important aspect of Hero MotoCorp's business strategy. The company is dedicated to reducing its environmental footprint and has implemented various initiatives to promote sustainable practices. Hero MotoCorp has introduced fuel-efficient and eco-friendly models, and it has also invested in renewable energy sources to power its manufacturing facilities.
As a socially responsible company, Hero MotoCorp is actively involved in community development initiatives. The company has established the Hero MotoCorp Foundation, which focuses on education, healthcare, and rural development. Hero MotoCorp also supports various sports initiatives, including the Hero Indian Super League, to promote sports and encourage young talent.
In conclusion, Hero MotoCorp Ltd. is a leading motorcycle and scooter manufacturer with a strong presence in India and international markets. The company's commitment to innovation, sustainability, and community development has helped it become a trusted brand among consumers. With its wide range of products and extensive distribution network, Hero MotoCorp continues to dominate the two-wheeler industry and shape the future of mobility.
