Hero MotoCorp Limited – Complete Company Information
Hero MotoCorp Limited is the World’s single largest two wheeler motorcycle company. The company manufactures and sells motorized two wheelers, spare parts and services. It’s manufacturing plants are located in Dharuhera, Gurgaon at Haryana and and Haridwar at Uttarakhand. Its research and development center is located in Jaipur, Rajasthan.
Hero Honda CD-100 is the first four stroke motorcycle to be introduced in India in 100 cc range. Over 20 million Hero Honda two wheelers tread Indian roads today. Its most attractive features are fuel efficiency and its light weight. The company offers a wide range of bikes such as Splendor plus, Glamour 125, Glamour, Splender iSMART 110, Super Splender, Passion, Passion Pro i3S, Glamour Programmed FI, Passion Xpro, HD Deluxe, Archiever, Xtreme Sports, Karizma ZMR, HF Deluxe Eco.
They grown on the strength of its dealers and service network across the country. It has 6000 customer touch points comprising of authorized dealerships, services and spare parts outlets and dealer appointed outlets.
Hero Honda become country’s largest and most valuable two wheeler company that sold 18,49,375 units in first three months (April 2017 – June 2017). The companies highest sale of previous quarter of 2016 was when it sold 18.23 lakhs units. With sales of 624,185 two-wheelers in June 2017, the company registered a growth of 14% over the previous year sale of 549,533 units in 2016.
They have a strong growth in the month of June 2017 in both motorcycle and scooters. There is a 13% growth in the sale of 547,185 units of motorcycles during the month of June. And 22% growth in the sale of 77,000 scooters in June. The current market capital of the company is Rs. 79,301.61 crore.