Hero Motors Company

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

Not to be confused with Hero Group.

Hero Motors Company
Listed company
Founded2007
HeadquartersGurgaon, Haryana, India
Key people
Pankaj M Munjal[1][2]
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

The HMC family[7][8] is made up of organisations such as Hero Cycles, Avocet Sports (UK),[9] BSH (Sri Lanka), Firefox,[10] Spur,[11] HGD,[12] Hero Motors,[13] Munjal Hospitality,[14][15] Munjal Kiriu,[16] ZF Hero[17] and OMA.[18]

Plants
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See also

References
  1. "Hero Motors Group elevates Pankaj Munjal as CMD". The Hindu. 20 July 2015. Retrieved 20 July 2015.
  2. "The cycle king". Business Standard. 21 January 2013.
  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 Motors Group elevates Pankaj Munjal as CMD". The Hindu. 20 July 2015.
  8. "Hero Group: How embarrassment led to the creation of world's largest bicycle empire". entrepreneur.com. 1 October 2015.
  9. "Hero Cycles plans to set up global design centre in UK". The Hindu Businessline. 22 November 2016.
  10. "Hero Cycles buys Firefox Bikes for Rs150 crore". livemint.com. 18 September 2015.
  11. "Hero Cycles Q&A". bikebiz.com. 9 June 2016.
  12. "GLOBAL BIKE MANUFACTURER UNVEILS £2M MANCHESTER DESIGN CENTRE". bqlive.co.uk. 30 January 2017.
  13. "Hero Cycle Group's transmission division to supply gears to Ducati". The Times of India. 14 October 2016.
  14. "Hero's hospitality foray begins with Marriott deal". Business Standard. 21 January 2013.
  15. "Hero Group putting up a Rs650 crore hotel in Gurgaon". DNA. 6 September 2011.
  16. "Munjal Kiriu Industries commissions new auto component plant in Gujarat". Business Standard. 20 September 2017.
  17. "ZF Hero Chassis System inaugurates new plant". indiancarsbikes.in. 26 September 2015.
  18. "Hero Motors launches AUMA, enters restaurant business". Business Standard. 21 January 2013.
  19. "Hero Cycles eyes setting up Rs. 400 cr project". The Hindu Businessline. 22 April 2017.
  20. "Hero Cycles opens aluminium cycle unit at Ghaziabad". The Hindu Businessline. 12 August 2013.
  21. "Investment pedals in with Hero". Telegraph India. 27 August 2014.
  22. "Hero Cycles' Lankan acquisition to serve as gateway for exports to Europe & high-end bicycles to India". Business Today. 4 May 2016.
  23. "ZF goes all out to increase localisation". autocarpro.in. 6 October 2016.
  24. "ZF sets up Plant in Pune, India for heavy truck transmissions". machinist.in. 27 October 2010.
  25. "ZF Hero starts assembling chassis for BMW". The Economic Times. 1 October 2015.
  26. "Hero Motors sells 17.6 % stake in Munjal Kiriu Industries". The Hindu. 14 February 2011.
  27. "Hero Motors invests Rs.150Cr, installs new manufacturing unit under joint venture with Kiriu, Japan". thehansindia.com. 21 September 2017.
  28. "HeroMotors-led casting venture commissions ₹150-crore plant in Gujarat". The Hindu Businessline. 20 September 2017.


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