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The spirit to manufacture outstanding quality products at affordable prices
and to manage the perfect balance of fine quality and engineering
satisfaction, is the Hero Group philosophy that drives the wheels
of progress for the Group Companies and the Hero Group, as a whole
…
A brief overview of the ever progressing and highly success-oriented
Hero Group Companies are:
Hero Honda Motors Limited
Hero Cycles Limited
Hero Auto Limited
Munjal Showa Limited
Majestic Auto Limited
Hero Exports
Munjal Auto Industries Limited
Sunbeam Auto Limited
Munjal Castings
Highway Industries Limited
Rockman Cycle Industries Limited
Hero Cycles Cold Rolling Division
Munjal Auto Components
Satyam Auto Components Limited
Hero Global Design
Hero Honda Finlease Limited
Easy Bill Limited
Munjal Sales Corporations
Hero Financial Services limited
Hero Honda Motors Limited
- A
successful joint venture between the Hero Group and Honda Motor
Company, Japan for over 20 years
- Largest
manufacturer of motorcycles in the country with a market share
of 48%
- Manufactured
over 2 million motorcycles in the year 2003-2004
- Hero
Honda has achieved indigenisation of over 95 percent, which
is a Honda record worldwide
- Has
received the highest rating for Corporate Governance('03) and
ranks amongst the top 3 Indian Companies
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Hero
Cycles Limited
- World's
largest manufacturer of bicycles, manufacturing 19,000 bicycles
per day - A Guinness Book world record holder since 1986
- Production
exceeded 5.1 million mark in 1999-2000
- Market
share of over 45% in the Indian market
- The
two units at Ludhiana and Sahibabad have a combined production
capacity of more than 16,500 bicycles a day, aided by in-house
facilities for making pedals, handlebars, chain wheels, brakes
& saddles
- Exports
bicycles and bicycle parts to over 75 countries, including countries
such as UK, Germany and the USA
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Hero Auto Limited
- With
Hero Auto entering into a technical collaboration with Steyr
Daimler Puch of Austria, the introduction of the Hero Puch,
a Porsche design, mini-motorcycle in the market, marked a new
chapter in the two-wheeler scenario of the country - a vehicle
that combined the power and ease of a motorcycle and the economy
of a moped
- Hero
Auto (earlier Hero Motors) commenced production of Hero Puch in October 1988 with
95 percent indigenisation
- Hero
Puch mini-motorcycles are also seen in Paraguay, Mexico, Argentina,
Turkey and Holland
- Hero
Puch is exported to developed countries of Europe with its homologation
in Spain, besides having assembly plants in Mauritius and Egypt;
proud firsts for any Indian company
- Hero
Auto has recently signed a strategic partnership with Aprilia
of Italy, Europe's second largest manufacturer of motorcycle
and scooters for design outsourcing, engine supply and full
vehicle export
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Munjal
Showa Limited
- Established
in 1985 in technical and financial collaboration with Showa
Corporation, Japan - Leaders in the World of Shock Absorbers
- One
of the largest supplies of shock absorbers to major auto
giants in India, Japan, Germany, US & UK, amongst other
markets
- Sole
supplier to the premium segment of the largest automobile manufacturers
in India
- Munjal
Showa products enjoy a wide patronage and serve as Original
Equipment to many automobiles manufacturer in India
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Majestic
Auto Limited
- The
largest exporter of mini motorcycles in India
- Assembly
plants in 6 countries.
- Exports
to over 40 countries including countries in Africa, North &
South America, Europe and the far & middle East and are
homologated in Europe & USA.
- The
company also manufactures and exports Hero Allegro exerbikes,
steppers and joggers, the well accepted market leaders in fitness
equipment
- Also
diversified in the field of Fine Blanking, supplying
components to companies in the segments of automobiles,
sunitekgear, electronics, weapons, etc.
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Hero
Exports
- Established
in 1993 as Trading Company of the Group has since been recognized
by the Government of India as a Trading House.
- Hero
Exports is currently exporting a wide range of products including:
Bicycle Components and Basmati & Non-Basmati Rice
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Munjal
Auto Industries Limited
- Promoted
by the Hero Group as a 100 percent export-oriented unit.
- A
joint venture with the State-owned Gujarat Industrial Investment
Corporation, this manufacturing division of the Group caters
to the needs of sophisticated markets like the United States
and Germany, and is now poised for entry into the markets of
the UK and Australia.
- With
state-of-the-art equipment imported from Europe and Taiwan,
the unit is comparable to the best in the world, and is designed
in line with the international practice of dispatching fully
assembled cycles from the factory, another first for an Indian
company.
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Highway
Industries Limited
- Producing
about 30,000 freewheels per day, the Company enjoys a leader's
status, and meets the exacting quality specifications of markets
in Italy, Germany, France and buyers in South America.
- Manufactures
high quality freewheels to meet the growing production demands
of Hero Cycles.
- Started
production of multi-speed freewheels in 1978, essentially to
cater to the demands of foreign buyers.
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Rockman
Cycle lndustries Limited
- In
1964, the Company began the manufacture of bicycle hubs, and
today has a daily production of about 50,000 pieces.
- Starting
out with 500 lengths of chains per day, the Company today manufactures
about 25,000 single- and multi-speed chains everyday, exporting
about 25 percent of its total production.
- Equipped
with the best technology for its requirements, the Company also
has its own design and machine manufacturing section, nickel-plating
plants and a fully-equipped heat treatment department.
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Satyam Auto Components Limited
- Satyam Auto
Components Limited is the largest die casting unit in Asia and manufactures aluminum die-castings for the automotive industry
- Has acquired ISO 9002 certification from British Standards Institute, UK, in recognition of its commitment to total quality management.
- Set-up a state of the art piston manufacturing facility in technical collaboration with M/s Honda Foundry Company Limited of Japan, the pioneers in the world for manufacturing high-strength lightweight pistons used in light, powerful fuel-efficient engines.
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Hero Global Design
- This is the auto design subsidiary of the Group and intends to be a total auto design company, providing both front end and back end designing for all kinds of automobiles, including two wheelers.
- Offers engineering services in CAD/CAM/CAE related to New Product Development, Design, Engineering and Manufacturing.
- Has alliance with world leaders in product design engineering, including PTC, Porsche Design and Target Design/li>
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