Hero MotoCorp Ltd - Company Profile
Powered by
All the data and insights you need on Hero MotoCorp Ltd in one report.
- Save hours of research time and resources with
our up-to-date Hero MotoCorp Ltd Strategy Report
- Understand Hero MotoCorp Ltd position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
Hero MotoCorp Ltd (Hero MotoCorp) manufactures and markets motorized two-wheelers, and its spare parts. The company offers motorcycles, and scooters in 100 cubic capacity (CC), 110cc, 125cc, 150cc, 200cc and 225cc and scooters. The company’s major products include Xpulse, Karizma ZMR, Xtreme Sports, Glamour BS6 among others. It also offers spare parts for two-wheelers and provides support and maintenance services. It operates dealerships, service and parts outlets, and dealer-appointed outlets, and state-of-the-art manufacturing facilities in India, Colombia, Germany and Bangladesh. The company sells its products to customers across Asia, Africa and South and Central America. Hero MotoCorp is headquartered in New Delhi, India.
Hero MotoCorp Ltd premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Motorcycles | Support | Destini 125 Platinum |
Scooters | Operational and Maintenance | Glamour |
Spares Parts | Glamour Blaze | |
XYZ | XYZ | |
XYZ | XYZ | |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | New Products/Services | In March, the company launched the Mavrick 440 and the Xtreme 125R in Guwahati. |
2024 | Plans/Strategy | In March, Ather Energy announced its plans to launch the new Ather Rizta electric scooter. |
2024 | Product Recall | In February, the company recalled more than 750,000 cars, SUVs, minivans, and pickups due to airbags to deploy when they should not. |
Competitor Comparison
Key Parameters | Hero MotoCorp Ltd | Suzuki Motor Corp | Yamaha Motor Co Ltd | Mahindra & Mahindra Ltd | Bajaj Auto Ltd |
---|---|---|---|---|---|
Headquarters | India | Japan | Japan | India | India |
City | New Delhi | Hamamatsu-Shi | Iwata-Shi | Mumbai | Pune |
State/Province | Delhi | Shizuoka | Shizuoka | Maharashtra | Maharashtra |
No. of Employees | 9,215 | 70,012 | 53,701 | 23,495 | 6,831 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Pawan Munjal | Chairman | Executive Board | 2015 | - |
Niranjan Gupta | Chief Executive Officer | Senior Management | 2023 | - |
Vivek Anand | Chief Financial Officer | Senior Management | 2024 | - |
Arun Jaura | Chief Technology Officer | Senior Management | - | - |
Ranjivjit Singh | Chief Growth Officer | Senior Management | 2022 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Access more premium companies when you subscribe to Explorer
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward