"Hero", the brand name symbolizing the steely ambition of the Munjal brothers, came into being in the year 1956. From a modest manufacturer of bicycle components in the early 1940's to the world's largest bicycle and motorbike manufacturer today, the odyssey was fueled by one vision - to build long-lasting relationships with everyone, including workers, dealers and vendors. This philosophy has paid rich dividends through the years.

Who We Are
Hero, a name synonymous with two wheeler bikes & motorbikes in India is today a multi-unit, multi-product, geographically diversified Group of companies. Through fully integrated operations, the Munjals roll their own steel, make critical components such as free wheels for their bicycles, and have the foresight to simultaneously diversify into myriad ventures, like product designing, IT enabled services, finance and insurance, just to name a few.

Like every success story, Hero's saga contains an element of spirit and enterprise; of achievement through grit and determination, coupled with vision and meticulous planning. Throughout its success trail, the Hero Group and its members have displayed unwavering passion of setting higher standards for themselves and delivering simply the best to their customers.
The Hero Group philosophy is: "To provide excellent transportation to the common man at easily affordable prices and to provide total satisfaction in all its spheres of activity." Thus apart from being customer-centric, the Hero Group also provides its employees with a fine quality of life and its business associates with a total sense of belonging.

"Engineering Satisfaction" is the prime motive of the Hero Group and it has become a way of life and a part of the work culture of the Group. This is what drives the Group to seek newer vistas, adopt faster technology and create quality driven products to the utmost satisfaction of customers, partners, dealers and vendors. Today the Hero Group has a number of accolades and achievements to its credit … yet consumer requirements and newer technologies provide fresh challenges every day, and at Hero the wheels of progress continue to turn.

Achievements
Hero Group ranks amongst the Top 10 Indian Business Houses comprising 20 companies, with an estimated turnover of US$ 4.2 billion during the fiscal year 2008-2009. The Group and its management have acquired a number of accolades and achievements over the years:
Hero Group Management style has been acclaimed internationally by World Bank and BBC, UK. Hero Group is discussed as a case study at London Business School, UK and INSEAD, France. World Bank has acclaimed Hero Cycles as a role model in vendor development based on a world-wide study. The London Business School, UK, has done a case study on the Group as model of entrepreneurship.
Boston Consulting Group has ranked Hero Group as one of the top ten Business Houses on Economic value, in India.
The Hero Group is recognized as a long term partner and an ideal employer:

• Hero Group's partnership with Honda Motors, Japan is over 21 years old
• Hero Group's Partnership with Showa Manufacturing Corporation, Japan is over 22 years old.
• Group Chairman, Mr Brijmohan Lall Munjal received the coveted "Ernst & Young Entrepreneur of the Year" award for 2001.
• Hero Honda Motors was ranked 3rd amongst top Indian companies Review 2000 - Asia's leading companies award (2004) by Far Eastern Economic Review
• Hero Honda Motors is the World's largest manufacturer of two-wheelers with annual sales volume of over 3.0 million motorcycles.
• Hero Honda Motors has been awarded the highest rating for Corporate Governance (2003) by CRISIL - India's Leading Ratings, Risk & Advisory Company and as the Best Governed Company in private sector(Dec 2004).
• Hero Honda ranked Number One in the two-wheeler category on Environmental Performance by the Centre for Science and Environment.
• Hero Cycles Limited is a Guinness Book Record holder since 1986 as the world's largest manufacturer of bicycles, with annual sales volume of 5 million bicycles in FY 2006.
• Engineering Exports Promotion Council has awarded Hero Cycles with the Best Exporter Award for the last 28 years in succession.

HERO Facts

• One of the most widely recognized brands in India and Asia / Pacific
  • Members – among the leaders in their business
  • Hero Cycles is the World’s largest bicycle maker
  • Hero Honda is the World’s largest two wheeler Manufacturer
  • Others include Auto components, Engineering design, Call Centre/ BPO (including HEROtsc), Training & Learning
• Market capitalization of over $US4.2 billion
• Global partnerships
• Over 5,000 business associates
• Over 30,000 employees
• Case Studies on Hero’s Management practices used at leading institutions
  • London Business School
  • Insead, France
  • World Bank Group
• Sold more than 15 million motorcycles and 100 million bicycles in the last 50 years