Did You Know these Interesting Facts about Hero MotoCorp?

Posted on: Apr 6, 2022 | | Written by:

Did You Know these Interesting Facts about Hero MotoCorp?

Hero MotoCorp is a very trusted name in the Indian automobile industry. It is an old and established brand and is a market leader as well. From manufacturing a wide range of vehicles to being a top Indian employer, there are many interesting facts about the company to know. People who buy Hero bikes always get some very good Hero insurance plans to ensure their bike is always safe.

Take a look at this article to find all the interesting facts about Hero MotoCorp

1. Made in India, famous in the world:

The Hero MotoCorp company was established in India. While a market leader in India, the company is also the global leader in manufacturing two-wheelers. Yes, that’s right! No one in the entire world manufactures and sells as many two-wheelers as India’s very own Hero Motocorp.

2. Started with manufacturing bicycle components:

BrijmohanLal started the organisation in 1953. Initially, he only used to manufacture the spare parts needed for bicycles. A humble start to say the least!

3. Lots of awards and recognitions:

The company, over the years, has received many awards and accolades. This includes being mentioned by Forbes Magazine in 2006 in their list of the World's Most Respected Companies.

4. Has an over $4-billion valuation:

The company has a valuation of over $4 billion. This is a rare feat among the automobile companies in India.

5. Started as a partnership:

The company was initially a partnership between India’s Hero Cycles and Honda of Japan. However, the partnership ended in 2010 and ever since both Hero MotoCorp and Honda Motors are operating as independent auto manufacturers in India.

6. Always uses the latest technology:

While in a partnership with Honda, Hero depended on its partner for the technology. But ever since it has become independent, it uses its own research and develops the best technology for all its vehicles, making them extremely attractive and useful.

7. Could not export under the partnership:

While the partnership with Honda was in place, the clauses prohibited Hero Motors from exporting the vehicles to any part of the world except Srilanka, Bangladesh and Nepal. Now with the termination of the JV, exports are easily possible.

8. Offers high mileage vehicles:

A striking feature of almost every Hero two-wheeler is that it offers excellent mileage. You can go many kilometres without refuelling and this proves to be a big advantage. Many Hero insurance plans are also available which further help you to keep the vehicle in a good condition and increase the performance.

9. A vast number of dealerships all across the globe:

There are over 6,000 Hero MotoCorp dealers spread all across the globe. This is a very big number and ascertains the popularity and growth of the company globally.

10. Huge production units:

There are five big manufacturing units set up in Dharuhera, Gurugram, Neemrana, Haridwar, and Halol. In a combined way, these units can produce close to several lakhs of vehicles a year, making Hero Corp the undisputed leader of vehicle manufacturers in the world.

11. The only Indian motor company to have more than 100 million in production:

Hero MotoCorp is the only Indian motor company to have more than 100 million in production. This feat was achieved in 2021 and the numbers are only expected to grow in the future.

12. Attractive customer programs:

It is one of the few automobile companies in India to offer a customer loyalty program. The Hero GoodLife Program has been in place since the year 2000 and has benefitted many customers.

13. Have introduced racing bikes:

Having launched the Xtreme series of bikes, Hero MotoCorp has expanded into the racing bikes segment in India too. There are many good Hero insurance plans that you can get to protect the Hero racing bikes.

14. One of the leading Indian employers, especially women:

Hero MotoCorp has over 12,000 employees and is a large employer in the country. The company introduced the “Tejaswini Scheme” under which it pledged to employ more women employees and today over 1000 female Hero MotoCorp employees are working in the various units of the company.

15. The company sponsors many major sporting events:

The company sponsors major sporting events across the world. From international cricket matches to local Indian soccer leagues to global gold championships, the company supports sports in a major way.

16. Spends big on CSR:

The company does a lot of social work and has reportedly spent over INR 1.4 crores in its CSR activities in the year 2021.

17. The sale figures keep jumping each year:

The sales figures and profits of Hero MotoCorp keep increasing every year. This is very understandable as more and more vehicles are sold every year all across the country and the world as well.

18. Excellent R&D facility:

The company is very ethical and produces the vehicles after running extensive research development work on them. There are two large R&THE facilities located in Jaipur and Germany.

19. Eco-friendly vehicles:

Hero MotoCorp has consciously tried to help with the air pollution levels. Most of the modern vehicles of the company are fitted with BS-VI engines.

20. Has an e-shop:

The company has recently launched an e-shop from where you can browse and purchase scooters and bikes online.

Conclusion

These are the interesting and very impressive features that make Hero MotoCorp a global leader in the automobile sector. If you have a Hero bike or scooter, you surely would be a very proud owner of it. Get the best Hero insurance plan and keep your precious two-wheeler protected at all times.

Disclaimer: The above information is for illustrative purpose only. For more details, please refer to policy wordings and prospectus before concluding the sales.

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