UpdateBot at 03:04, 31 October 2021

2021-10-31T03:04:13Z

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{{short description|Bike and bicycle manufacturer}}
{{Distinguish|Hero Group}}
{{EngvarB|date=March 2020}}
{{Use dmy dates|date=March 2020}}
{{Infobox company
| name = Hero Motors Company
| logo = HMC Logo Final.svg
| type = [[Private company|Private]]
| foundation = 2007
| location = [[Gurugram]], [[Haryana]], India
| key_people = [[Pankaj M Munjal]]<ref name="TH_20Jul2015"/><ref name="auto">{{cite news |last1=Bhandari |first1=Bhupesh |last2=Mukherjee |first2=Sharmistha |title=The cycle king |url=https://www.business-standard.com/article/companies/the-cycle-king-112030300033_1.html |access-date=19 March 2021 |work=Business Standard India |date=3 March 2012}}</ref>
| products = Bicycles, scooters, motorcycles
| num_employees = 7610
| revenue = {{INRConvert|26|b}} 2017-2018<ref>{{cite news|url=http://epaper.bhaskar.com/ludhiana/ludhiana-bhaskar/84/27122017/cph/3 |title=HMC revenue reaches to INR 2600 Cr |publisher=epaper.bhaskar.com |date= 27 December 2017|access-date=27 December 2017}}</ref><ref>{{cite news|url=http://dainiksaveratimes.epapr.in/1482019/Chandigarh-Main/Chandigarh#page/9/2 |title=HMC revenue expected to reache INR 2600 Cr |publisher=dainiksaveratimes.epapr.in |date= 27 December 2017|access-date=27 December 2017}}</ref>
| assets = {{INRConvert|76.40|b}}<ref name="auto"/>
| assets_year = 2017-2018
| homepage = {{url|hmcworld.co.in}}
}}

'''Hero Motors Company (HMC)''' is the group identity of businesses controlled by [[Pankaj M Munjal]].<ref>{{cite web|url=http://www.herocycles.com |title=Hero Cycles Ltd |publisher=Herocycles.com |access-date=10 August 2011 |url-status=dead |archive-url=https://web.archive.org/web/20110807115247/http://www.herocycles.com/milestones.php |archive-date=7 August 2011 }}</ref><ref>{{cite news|url=https://auto.economictimes.indiatimes.com/news/industry/hero-cycles-other-group-companies-elevate-pankaj-munjal-as-new-chairman-md/48142351 |title=Hero Cycles & other group companies elevate Pankaj Munjal as new Chairman & MD |work=The Economic Times |date= 20 July 2015|access-date=20 July 2015}}</ref> The HMC family<ref name="TH_20Jul2015">{{cite news|url=http://www.thehindu.com/business/Industry/hero-motors-group-elevates-pankaj-munjal-as-cmd/article7443657.ece |title=Hero Motors Group elevates Pankaj Munjal as CMD |last=PTI |access-date=19 March 2021 | work=The Hindu |date= 20 July 2015}}</ref><ref>{{cite news|url=https://www.entrepreneur.com/article/251261 |title=Hero Group: How embarrassment led to the creation of world's largest bicycle empire |publisher=entrepreneur.com |date= 1 October 2015 |access-date=19 March 2021}}</ref> is made up of organisations such as [[Hero Cycles]], Avocet Sports (UK),<ref>{{cite news|url=http://www.thehindubusinessline.com/companies/hero-cycles-plans-to-set-up-global-design-centre-in-uk/article9374633.ece |title=Hero Cycles plans to set up global design centre in UK |work=The Hindu Businessline |date= 22 November 2016 |last=PTI |access-date=19 March 2021}}</ref> BSH (Sri Lanka), Firefox,<ref>{{cite news|url=http://www.livemint.com/Companies/v2I8jh8Tv236qS4dDFi06K/Hero-Cycles-acquires-Firefox-Bikes-in-allcash-transaction.html |title=Hero Cycles buys Firefox Bikes for Rs 150 crore |last=Raj |first=Amrit |access-date=19 March 2021 |work=Mint |date= 18 September 2015}}</ref> Spur,<ref>{{cite web|url=http://www.bikebiz.com/news/read/hero-cycles-q-a/019646|title=Hero Cycles Q&A|date=9 June 2016|publisher=bikebiz.com|access-date=19 March 2021}}</ref> HGD,<ref>{{cite news|url=http://www.bqlive.co.uk/innovation/2017/01/30/news/global-bike-manufacturer-unveils-2m-manchester-design-centre-8592/ |title=GLOBAL BIKE MANUFACTURER UNVEILS £2M MANCHESTER DESIGN CENTRE |access-date=19 March 2021 |publisher=bqlive.co.uk |date= 30 January 2017}}</ref> [[Hero Motors]],<ref>{{cite news|url=https://timesofindia.indiatimes.com/city/ludhiana/Hero-Cycle-Groups-transmission-division-to-supply-gears-to-Ducati/articleshow/54853993.cms |title=Hero Cycle Group's transmission division to supply gears to Ducati |last=Behl |first=Mohit |access-date=19 March 2021 |work=The Times of India |date= 14 October 2016}}</ref> Munjal Hospitality,<ref>{{cite news |last1=Mookerji |first1=Nivedita |last2=Chitravanshi |first2=Ruchika |title=Hero's hospitality foray begins with Marriott deal |url=https://www.business-standard.com/article/companies/hero-s-hospitality-foray-begins-with-marriott-deal-112051700020_1.html |access-date=19 March 2021 |work=Business Standard India |date=17 May 2012}}</ref><ref>{{cite news |last1=Tiwari |first1=Ashish K. |title=Hero Group putting up a Rs650 crore hotel in Gurgaon |url=https://www.dnaindia.com/business/report-hero-group-putting-up-a-rs650-crore-hotel-in-gurgaon-1583725 |access-date=19 March 2021 |work=DNA India |date=6 September 2011 |language=en}}</ref> Munjal Kiriu,<ref>{{cite news |last1=Das |first1=Sohini |title=Munjal Kiriu Industries commissions new auto component plant in Gujarat |url=https://www.business-standard.com/article/companies/hero-motors-japanese-firm-commission-new-auto-components-plant-in-gujarat-117092000979_1.html |access-date=19 March 2021 |work=Business Standard India |date=20 September 2017}}</ref> ZF Hero<ref>{{cite news|url=http://www.indiancarsbikes.in/auto-news/zf-hero-chassis-system-inaugurates-new-plant-129793 |title=ZF Hero Chassis System inaugurates new plant |access-date=19 March 2021 |publisher=indiancarsbikes.in |date= 26 September 2015}}</ref> and OMA.<ref>{{cite news |title=Hero Motors launches AUMA, enters restaurant business |url=https://www.business-standard.com/article/press-releases/hero-motors-launches-auma-enters-restaurant-business-111110300109_1.html |access-date=19 March 2021 |work=Business Standard India |date=3 November 2011}}</ref>

==Plants==
*Hero Cycles, [[Ludhiana]], [[Punjab, India|Punjab]]<ref>{{cite news|url=http://www.thehindubusinessline.com/companies/hero-cycles-eyes-setting-up-rs-400-cr-project/article9658676.ece |title=Hero Cycles eyes setting up Rs. 400 cr |last=PTI |access-date=19 March 2021 |work=The Hindu Businessline |date= 22 April 2017}}</ref>
*Hero Cycles, [[Ghaziabad, Uttar Pradesh|Ghaziabad]], [[Uttar Pradesh, India|Uttar Pradesh]]<ref>{{cite news|url=http://www.thehindubusinessline.com/companies/hero-cycles-opens-aluminium-cycle-unit-at-ghaziabad/article5015867.ece |title=Hero Cycles opens aluminium cycle unit at Ghaziabad |last=PTI |access-date=19 March 2021|work=The Hindu Businessline |date= 12 August 2013}}</ref>
*Hero Cycles, [[Bihta]], [[Bihar, India|Bihar]]<ref>{{cite news|url=https://www.telegraphindia.com/1140827/jsp/frontpage/story_18765296.jsp |title= Investment pedals in with Hero |access-date=19 March 2021|work=Telegraph India |date= 27 August 2014}}</ref>
*BSH Ventures Pvt. Ltd., [[Sri Lanka]]<ref>{{cite news|url=http://www.businesstoday.in/opinion/perspective/hero-cycles-lankan-acquisition-to-serve-as-gateway-for-exports-to-europe-and-high-end-bicycles-to-india/story/232157.html |title=Hero Cycles' Lankan acquisition to serve as gateway for exports to Europe & high-end bicycles to India |access-date=19 March 2021 |publisher=Business Today |date= 4 May 2016}}</ref>
*ZF HERO Chassis Systems, [[Pune]], [[Maharashtra, India|Maharashtra]]<ref>{{cite news |last=Bajad |first=Kiran |date=6 October 2016 |url=http://www.autocarpro.in/features/zf-goes-increase-localisation-22048 |title=ZF goes all out to increase localisation |work=Autocar Pro |access-date=19 April 2021}}</ref><ref>{{cite news|url=http://machinist.in/index.php?option=com_content&task=view&id=2784 |title=ZF sets up Plant in Pune, India for heavy truck transmissions |access-date=19 March 2021
|publisher=machinist.in |date= 27 October 2010}}</ref>
*ZF HERO Chassis Systems, [[Chennai]], [[Tamil Nadu, India|Tamil Nadu]]<ref>{{cite news|url=https://economictimes.indiatimes.com/zf-hero-starts-assembling-chassis-for-bmw/articleshow/49185170.cms |title=ZF Hero starts assembling chassis for BMW |last=PTI |access-date=19 March 2021 |work=The Economic Times |date= 1 October 2015}}</ref>
*Munjal Kiriu, [[Manesar]], [[Haryana, India|Haryana]]<ref>{{cite news|url=http://www.thehindu.com/business/companies/Hero-Motors-sells-17.6-stake-in-Munjal-Kiriu-Industries/article15444255.ece |title=Hero Motors sells 17.6% stake in Munjal Kiriu Industries |access-date=19 March 2021 |work=The Hindu |date= 14 February 2011}}</ref>
*Munjal Kiriu, [[Ahmedabad]], [[Ahmedabad, India|Gujarat]]<ref>{{cite news|url=http://www.thehansindia.com/posts/index/Business/2017-09-21/Hero-Motors-invests-Rs150Cr-installs-new-manufacturing-unit-under-joint-venture-with-Kiriu-Japan/328088 |title=Hero Motors invests Rs. 150Cr, installs new manufacturing unit under joint venture with Kiriu, Japan |last=ANI |access-date=19 March 2021 |publisher=Hans India |date= 21 September 2017}}</ref><ref>{{cite news|url=http://www.thehindubusinessline.com/companies/heromotorsled-casting-venture-commissions-150crore-plant-in-gujarat/article9866439.ece |title=HeroMotors-led casting venture commissions ₹150-crore plant in Gujarat |access-date=19 March 2021 |work=The Hindu Businessline |date= 20 September 2017}}</ref>

==See also==
* [[Hero MotoCorp]]

==References==
{{reflist}}

==External links==
* [https://www.hmcworld.co.in/about/ HMC]
* [https://www.herocycles.com Hero Cycles]

[[Category:Cycle manufacturers of India]]
[[Category:Companies based in Punjab, India]]
[[Category:Economy of Ludhiana]]
[[Category:Vehicle manufacturing companies established in 1956]]
[[Category:Indian companies established in 1957]]
[[Category:Indian brands]]
[[Category:Science and technology in Ludhiana]]
[[Category:Hero Group]]
[[Category:1957 establishments in East Punjab]]

{{india-company-stub}}

Hero Motors Company - Revision history

UpdateBot at 03:04, 31 October 2021