Hero Motors Company Explained

Hero Motors Company (HMC) is an Indian multinational business conglomerate controlled by Pankaj M Munjal.^{[4] [5]} The HMC family^{[6] [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

• 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

• Hero MotoCorp

External links

• HMC
• Hero Cycles

Notes and References

1. News: Bhandari . Bhupesh . Mukherjee . Sharmistha . The cycle king . 19 March 2021 . Business Standard India . 3 March 2012.
2. News: HMC revenue reaches to INR 2600 Cr . epaper.bhaskar.com . 27 December 2017. 27 December 2017.
3. News: HMC revenue expected to reache INR 2600 Cr . dainiksaveratimes.epapr.in . 27 December 2017. 27 December 2017.
4. Web site: Hero Cycles Ltd . Herocycles.com . 10 August 2011 . dead . https://web.archive.org/web/20110807115247/http://www.herocycles.com/milestones.php . 7 August 2011 .
5. News: Hero Cycles & other group companies elevate Pankaj Munjal as new Chairman & MD . The Economic Times . 20 July 2015. 20 July 2015.
6. News: Hero Motors Group elevates Pankaj Munjal as CMD . PTI . 19 March 2021 . The Hindu . 20 July 2015.
7. News: Hero Group: How embarrassment led to the creation of world's largest bicycle empire . entrepreneur.com . 1 October 2015 . 19 March 2021.
8. News: Hero Cycles plans to set up global design centre in UK . The Hindu Businessline . 22 November 2016 . PTI . 19 March 2021.
9. News: Hero Cycles buys Firefox Bikes for Rs 150 crore . Raj . Amrit . 19 March 2021 . Mint . 18 September 2015.
10. Web site: Hero Cycles Q&A. 9 June 2016. bikebiz.com. 19 March 2021.
11. News: GLOBAL BIKE MANUFACTURER UNVEILS £2M MANCHESTER DESIGN CENTRE . 19 March 2021 . bqlive.co.uk . 30 January 2017.
12. News: Hero Cycle Group's transmission division to supply gears to Ducati . Behl . Mohit . 19 March 2021 . The Times of India . 14 October 2016.
13. News: Mookerji . Nivedita . Chitravanshi . Ruchika . Hero's hospitality foray begins with Marriott deal . 19 March 2021 . Business Standard India . 17 May 2012.
14. News: Tiwari . Ashish K. . Hero Group putting up a Rs650 crore hotel in Gurgaon . 19 March 2021 . DNA India . 6 September 2011 . en.
15. News: Das . Sohini . Munjal Kiriu Industries commissions new auto component plant in Gujarat . 19 March 2021 . Business Standard India . 20 September 2017.
16. News: ZF Hero Chassis System inaugurates new plant . 19 March 2021 . indiancarsbikes.in . 26 September 2015.
17. News: Hero Motors launches AUMA, enters restaurant business . 19 March 2021 . Business Standard India . 3 November 2011.
18. News: Hero Cycles eyes setting up Rs. 400 cr . PTI . 19 March 2021 . The Hindu Businessline . 22 April 2017.
19. News: Hero Cycles opens aluminium cycle unit at Ghaziabad . PTI . 19 March 2021. The Hindu Businessline . 12 August 2013.
20. News: Investment pedals in with Hero . https://web.archive.org/web/20140829154151/http://www.telegraphindia.com/1140827/jsp/frontpage/story_18765296.jsp . dead . 29 August 2014 . 19 March 2021. Telegraph India . 27 August 2014.
21. News: Hero Cycles' Lankan acquisition to serve as gateway for exports to Europe & high-end bicycles to India . 19 March 2021 . Business Today . 4 May 2016.
22. News: Bajad . Kiran . 6 October 2016 . ZF goes all out to increase localisation . Autocar Pro . 19 April 2021.
23. News: ZF sets up Plant in Pune, India for heavy truck transmissions . 19 March 2021. machinist.in . 27 October 2010.
24. News: ZF Hero starts assembling chassis for BMW . PTI . 19 March 2021 . The Economic Times . 1 October 2015.
25. News: Hero Motors sells 17.6% stake in Munjal Kiriu Industries . 19 March 2021 . The Hindu . 14 February 2011.
26. News: Hero Motors invests Rs. 150Cr, installs new manufacturing unit under joint venture with Kiriu, Japan . ANI . 19 March 2021 . Hans India . 21 September 2017.
27. News: HeroMotors-led casting venture commissions ₹150-crore plant in Gujarat . 19 March 2021 . The Hindu Businessline . 20 September 2017.