Hero Cycles

Hero Cycles

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Hero Cycles

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Description:
Hero Cycles Limited, based in Ludhiana Punjab, India, is the largest bicycle and related products manufacturing company of India.

History

Hero group was started by the four Munjal brothers, namely: Mr. Satyanand Munjal, Mr. Om Prakash Munjal. Late Mr. Dayanand Munjal and Late Mr. Raman Kant Munjal.

hailing from a small town called Kamalia, now in Pakistan in the year 1944 by establishing bicycle spare parts business in Amritsar. After independence and partition of India, they moved to Ludhiana and started a bicycle unit called Hero Cycles in 1956. By 1975, Hero cycles became the largest bicycle manufacturer in India. In 1984, Hero group joined Honda Motors of Japan to create Hero Honda Motors Limited which soon became one of the market leader in motor-cycle sales in India. In 1986 Hero Cycles Limited entered the Guinness Books of World Records as the largest bicycle manufacturer in the world. By the year 2004, Hero Honda became the world' largest manufacturer of two-wheelers with over 48% market share in India. In year 2006, Hero Honda entered the scooter production with launch of its new model - Pleasure.

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