Identity of Hero Motors reflects a complete end-to-end engineering solution provider for global automotive industry right from the design and development to manufacturing and assembly. Having strategic alliance with BRP Rotax, Austria for engines & transmissions, Sumitomo Kiriu, Japan for automotive discs and Power Plate International, UK for fitness assembly, Hero Motors has developed its center of excellence in the various fields.
The company restructured its product mix in order to steer on the fast track of the globally growing Automobile market. India has become one of the major sourcing hubs for automobile components in the world. Recognizing this trend the company decided to concentrate on manufacturing Automobile Components and also components for the White Goods Industry. The company is presently engaged in manufacturing of auto parts and CKD (Moped). The Company is also into manufacture of foundry products and will make ferrous castings.
Committment
At Hero Motors, we are committed to give our best and achieve the highest standards in Performance, Quality, Systems, Care and Relationships. And then we want to beat these high standards and go further…because anything that can be done, can be done better.
MD's Vision
Hero, the brand name synonymous with two-wheelers in India, is a multi-unit, multi-product, geographically diversified, Group of Companies - the reflection of the steely ambition and indomitable grit of the Munjal Family.
Hero began its journey around five decades ago. Munjal Brothers, the founders of the Hero Group, started out in 1956 in business of bicycle components, and then complete bicycles.Like every success story, Hero's saga contains an element of spirit and enterprise; of achievement through grit and determination, coupled with vision and meticulous planning.
"At Hero Motors, we are committed to give our best and achieve the highest standards in Performance, Quality, Systems, Care and Relationships. And then we want to beat these high standards and go further…because anything that can be done, can be done better.
"We, at the Hero Group are continuously striving for synergy between technology, systems and human resources to provide products and services that meet the quality, performance, and price aspirations of the customers. While doing so, we maintain the highest standards of ethics and societal responsibilities, constantly innovate products and processes, and develop teams that keeps the momentum going to take the group to excellence in everything we do."
-Dr.Brij Mohan Lall Munjal- Chairman, Hero Group
Management Team
Mr. Rajesh Gulati
:
President
Mr. K. Saravanan
:
CEO & President (Munjal Kiriu Industries Pvt. Ltd.)
Mr. A. K. Dewan
:
President (Legal & Commercial)
Mr. Rohit Maheshwari
:
CFO
Mr. V. Filippas
:
Head, Business Development (Overseas)
Mr. Saurabh M. Saxena
:
Head, Business Development (India)
Mr. D. Ganguli
:
GM, Projects (Engines & Transmission)
Mr. Ankur Gupta
:
Plant Head, (Hero Motors, Ghaziabad)
Mr. Saurabh M. Saxena
:
Business Unit Head (Corner Module)
Ms. Rashmi Chaudhary
:
AGM, Corporate HR
Mr. N.P. Gupta
:
AGM, Projects
Our Milestones
1988: Set up to manufacture mopeds in technical collaboration with Styer Daimler Puch, Austria
1993: Became India's largest exporter of 2-wheelers
1995: Launched Indian's first big wheeled PTW in technical collaboration with Malaguti, Italy
1999: Started development of 4-stroke engines in technical collaboration with Briggs & Stratton, USA
2000: Launched HGD designed specialized moped - HERO Power range
2001: Launched India's first 4-stroke moped - HERO Smart
2002: Launched step-thru motorcycle - fully designed by HGD - HERO Sting
2003: Entered into agreements with Rotax for Engine & Part development & plant up-gradation
2004: Company focussed as an "Integrated Engineering Solutions Provider"
2005: First Supplies to Rotax and a World renowned Consumer Goods Manufacturer
2006: Ferrous Casting plant at Manesar begins Operation
2007: Hero Motors begins operation in fitness vertical by entering into Marketing JV with Power Plate International, UK.
2007: Formation of JV entity "Munjal Kiriu Industries Pvt. Ltd." in technical collaboration with Sumitomo Kiriu Corporation, Japan for manufacturing of automotive brake discs, brake drums and knuckles.
2008: Hero Motors entered into AVIATION with the formation of – HAPL (Hero Aviation Pvt. Ltd.)
Board of Directors
Mr. Om Prakash Munjal - Chairman
Mr. Pankaj Munjal - MD
Mr. Yogesh Chander Munjal - Director
Mr. Ashok Kumar Munjal - Director
Mr. Sunil Kant Munjal - Director
Mr. Gian Prakash Sood - Director
Mr. Sandeep Dinodia - Director
Success Story
The success story began in 1944 when a 20-year old Brij Mohanlall and his three brothers, Dayanand (32 years), Satyanand (27) and Om Prakash (16) moved from their birthplace Kamalia in Pakistan to Amritsar. There they started supplying components to the local bicycle business. Only one of the Munjal brothers had previous business experience although two had worked for the British in the Indian civil service.
Partition in 1947 forced them to move to Ludhiana. The town was already a hub of the Indian bicycle business as well as an important textile center. In 1986 the Munjals entered the Guinness Book of World Records as the world's largest bicycle maker, ahead of both the United States and China, by selling 2.03mn units through various group companies.
The Hero Group's strengths include engineering capability; relevance and Hero brand as an icon; a wide distribution network; management's commitment to quality; and experience in handling large volume production and distribution. According to Jocelyn Probert and Dominique Turq who wrote perhaps the first case study on the Munjals, the brothers "traveled energetically with their component samples throughout India, selling in Bombay, Madras and elsewhere, and learning the intricacies of the fragmented Indian distribution network."
Recent Chronology
1998: The engine manufacturing facility of Hero Motors was separated and a new company was formed as Hero Briggs and Stratton Pvt Ltd (renamed as Hero Auto Ltd), in joint venture with M/s Briggs & Stratton, USA for manufacturing of 4 stroke engines – 75 and 92 cc.
2001: Supply of components to Hero Honda commenced.
2002-03: Briggs & Stratton International Inc. exited as a joint venture partner. However, the technology for manufacture of engine was fully absorbed by the company. Consequently the name of the company was changed to Hero Auto Private Limited.
2003:
Agreement with M/s Aprilia, Italy for manufacture of 92 cc to 125 cc range of Motor Scooters. The agreement also included buyback arrangement with Aprilia.
Agreement with M/s Rotax of Austria for engine technology for 125 cc range of vehicles to be launched under co-branding of Hero/Aprilia.
Agreement with M/s Rotax, Austria for supply of engine/components for 400 cc to 800 cc range of ATVs.
The company became Public Limited company w.e.f. 30th October, 2003 and the name of the company was changed to Hero Auto Ltd.
2004:
Due to takeover of Aprilia by Piaggio, agreement with Aprilia had to be terminated.
Consequently, Rotax agreement for 125 cc engine technology also terminated. However, sourcing agreement with Rotax continues.
Pursuant to the Scheme of Arrangement between Majestic Auto Ltd and Hero Motors Ltd., as sanctioned by Hon’ble High Court of Punjab & Haryana and Hon’ble High Court of Delhi, the Ghaziabad Unit of Majestic Auto Ltd., with all its assets and liabilities, de-merged from Majestic Auto Ltd. and merged with Hero Motors Ltd. w.e.f. 01.04.2003, being the appointed date.
The name of the company changed from Hero Auto Ltd. to Hero Motors Limited w.e.f. 15th September, 2004.
S. R. A. Brakes Private Limited Supplier and manufacturer of brake block such as industrial brake blocks, automotive brake blocks, linings brake blocks, machinery brake blocks, roll brake blocks and customized brake blocks.
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