Hero Motors Company: Difference between revisions

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{{Use dmy dates|date=March 2020}}
{{Use dmy dates|date=March 2020}}
{{Infobox company
{{Infobox company
| name         = Hero Motors Company
| name = Hero Motors Company
| logo         = HMC Logo Final.svg
| logo = HMC Logo Final.svg
| type         = [[Listed company]]
| type = [[Private company|Private]]
| foundation   = 2007
| foundation = 2007
| location     = [[Gurgaon]], [[Haryana, India|Haryana]], [[India]]
| 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>
| 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
| 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>
| 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 = {{INRConvert|76.40|b}}<ref name="auto"/>
| assets_year   = 2017-2018
| assets_year = 2017-2018
| homepage     = {{url|hmcworld.co.in}}
| homepage = {{url|hmcworld.co.in}}
}}
}}


'''Hero Motors Company (HMC)''', is 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>
'''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==
==Plants==
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==See also==
==See also==
* [[Hero Cycles]]
* [[Hero MotoCorp]]


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


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{{india-company-stub}}
{{india-company-stub}}
{{en-Wikipedia}}

Revision as of 02:29, 1 October 2021

Not to be confused with Hero Group.

Hero Motors Company
Founded2007
HeadquartersGurugram, Haryana, India
Key people
Pankaj M Munjal[1][2]
ProductsBicycles, scooters, motorcycles
Revenue₹26 billion (US$360 million) 2017-2018[3][4]
Total assets₹76.40 billion (US$1.1 billion)[2] (2017-2018)
Number of employees
7610
Websitehmcworld.co.in

Hero Motors Company (HMC) is the group identity of businesses controlled by Pankaj M Munjal.[5][6] The HMC family[1][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

See also

References

  1. ↑ 1.0 1.1 PTI (20 July 2015). "Hero Motors Group elevates Pankaj Munjal as CMD". The Hindu. Retrieved 19 March 2021.
  2. ↑ 2.0 2.1 Bhandari, Bhupesh; Mukherjee, Sharmistha (3 March 2012). "The cycle king". Business Standard India. Retrieved 19 March 2021.
  3. ↑ "HMC revenue reaches to INR 2600 Cr". epaper.bhaskar.com. 27 December 2017. Retrieved 27 December 2017.
  4. ↑ "HMC revenue expected to reache INR 2600 Cr". dainiksaveratimes.epapr.in. 27 December 2017. Retrieved 27 December 2017.
  5. ↑ "Hero Cycles Ltd". Herocycles.com. Archived from the original on 7 August 2011. Retrieved 10 August 2011.
  6. ↑ "Hero Cycles & other group companies elevate Pankaj Munjal as new Chairman & MD". The Economic Times. 20 July 2015. Retrieved 20 July 2015.
  7. ↑ "Hero Group: How embarrassment led to the creation of world's largest bicycle empire". entrepreneur.com. 1 October 2015. Retrieved 19 March 2021.
  8. ↑ PTI (22 November 2016). "Hero Cycles plans to set up global design centre in UK". The Hindu Businessline. Retrieved 19 March 2021.
  9. ↑ Raj, Amrit (18 September 2015). "Hero Cycles buys Firefox Bikes for Rs 150 crore". Mint. Retrieved 19 March 2021.
  10. ↑ "Hero Cycles Q&A". bikebiz.com. 9 June 2016. Retrieved 19 March 2021.
  11. ↑ "GLOBAL BIKE MANUFACTURER UNVEILS £2M MANCHESTER DESIGN CENTRE". bqlive.co.uk. 30 January 2017. Retrieved 19 March 2021.
  12. ↑ Behl, Mohit (14 October 2016). "Hero Cycle Group's transmission division to supply gears to Ducati". The Times of India. Retrieved 19 March 2021.
  13. ↑ Mookerji, Nivedita; Chitravanshi, Ruchika (17 May 2012). "Hero's hospitality foray begins with Marriott deal". Business Standard India. Retrieved 19 March 2021.
  14. ↑ Tiwari, Ashish K. (6 September 2011). "Hero Group putting up a Rs650 crore hotel in Gurgaon". DNA India. Retrieved 19 March 2021.
  15. ↑ Das, Sohini (20 September 2017). "Munjal Kiriu Industries commissions new auto component plant in Gujarat". Business Standard India. Retrieved 19 March 2021.
  16. ↑ "ZF Hero Chassis System inaugurates new plant". indiancarsbikes.in. 26 September 2015. Retrieved 19 March 2021.
  17. ↑ "Hero Motors launches AUMA, enters restaurant business". Business Standard India. 3 November 2011. Retrieved 19 March 2021.
  18. ↑ PTI (22 April 2017). "Hero Cycles eyes setting up Rs. 400 cr". The Hindu Businessline. Retrieved 19 March 2021.
  19. ↑ PTI (12 August 2013). "Hero Cycles opens aluminium cycle unit at Ghaziabad". The Hindu Businessline. Retrieved 19 March 2021.
  20. ↑ "Investment pedals in with Hero". Telegraph India. 27 August 2014. Retrieved 19 March 2021.
  21. ↑ "Hero Cycles' Lankan acquisition to serve as gateway for exports to Europe & high-end bicycles to India". Business Today. 4 May 2016. Retrieved 19 March 2021.
  22. ↑ Bajad, Kiran (6 October 2016). "ZF goes all out to increase localisation". Autocar Pro. Retrieved 19 April 2021.
  23. ↑ "ZF sets up Plant in Pune, India for heavy truck transmissions". machinist.in. 27 October 2010. Retrieved 19 March 2021.
  24. ↑ PTI (1 October 2015). "ZF Hero starts assembling chassis for BMW". The Economic Times. Retrieved 19 March 2021.
  25. ↑ "Hero Motors sells 17.6% stake in Munjal Kiriu Industries". The Hindu. 14 February 2011. Retrieved 19 March 2021.
  26. ↑ ANI (21 September 2017). "Hero Motors invests Rs. 150Cr, installs new manufacturing unit under joint venture with Kiriu, Japan". Hans India. Retrieved 19 March 2021.
  27. ↑ "HeroMotors-led casting venture commissions ₹150-crore plant in Gujarat". The Hindu Businessline. 20 September 2017. Retrieved 19 March 2021.

External links


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