Hero-Honda Joint Venture

Published : 01-01-2015 by : Saurabh Jain

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Hero Cycles manufactured Over 16000 Bicycles a day.They Sold about 86 million bicycles in aggregate as of 2002. They had nurtured an excellent network of dealers to serve India’s expansive markets. Over the years Hero Group had entered multiple business areas HHM had grown consistently, earning the title of the world’s largest motorcycle manufacturer after having churned out 1.3 million vehicles in 2001. World’s largest two-wheeler manufacturer with annual sales volume of over 2 million motorcycles. Owns world’s biggest selling motorcycle brand – Hero Honda Splendor. Over 9 million motorcycles on Indian roads.Deep market penetration with 5000 outlets.

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