![]() ![]() Hero MotoCorp Limited was incorporated in the year 1984 with the name Hero Honda Motors Ltd. It also offers a 100 cubic centimeter scooter, Pleasure. In the 150 cubic centimeters and above the company offers brands like Hunk, CBZ X-treme, Karizma and the Karizma ZMR. It also has an offering called Achiever in 135 cubic centimeter segment. The 125 cubic centimeter segment offers Glamour, Super Splendor and Glamour F1. The company offers a range of bikes starting from CD Dawn, CD Deluxe, Splendor Plus, Splendor NXG, Passion and Passion Pro. The company has three manufacturing facilities namely Dharuhera, Gurgaon at Haryana and Haridwar at Uttarakhand.The company is based in New Delhi, India. The company is engaged in the manufacture of two wheelers motorcycles and its parts. So there are concerns that the Hero Group might not be able to sustain the performance of the Joint Venture alone.(1.1.1)Background of Hero Motocorp Hero Motocorp Limited is the World's single largest two-wheeler motorcycle company. Since the beginning, the Hero Group relied on their Japanese partner Honda for the technology in their bikes. Under the joint venture Hero Group could not export to international markets (except Sri Lanka) and the termination would mean that Hero Group can now export. The Hero Group would buy out the 26% stake of the Honda in JV Hero Honda. In December 2010, the Board of Directors of the Hero Honda Group have decided to terminate the joint venture between Hero Group of India and Honda of Japan in a phased manner. ![]() Subsequently, in August 2011 the company was renamed Hero MotoCorp with a new corporate identity. In 2010, When Honda decided to move out of the joint venture, Hero Group bought the shares held by Honda. The 2006 Forbes 200 Most Respected companies list has Hero Honda Motors ranked at 108. ![]() ![]() The company is the largest two wheeler manufacturer in India. Hero Honda started in 1984 as a joint venture between Hero Cycles of India and Honda of Japan. Is a motorcycle and scooter manufacturer based in India. ![]()
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