HumMain Hai Hero

No.

1) Introduction

2) History

3) Achievement

4) Company Policy

5) Demerger

6) Exports

7) Financial Data

8) Future Growth

Index

Introduction

• Hero Motocorp Ltd.,formerly Hero Honda, is an Indian motorcycle and scooter manufacturer based in New Delhi, India.

• The company is the largest two wheeler manufacturer in India.

• It has three manufacturing facilities based at in Haryana and Uttarakhand.

• It has a large sales and service network with over 3,000 dealerships and service points across India.

• It accounts for 46% of all bikes sold in India. The company exports to Africa, Asia, Eastern Europe and Latin America.

History• 1947- Munjal family migrated to India and started a small business of

manufacturing bicycle components in Ludhiana

• 1956- Hero Cycles Limited started production in its Ludhiana plant to manufacture bicycles.

• 1970- Hero Cycles was the worlds largest bicycle manufacturing company.

• 1984- Hero MotoCorp Ltd. was formed as a joint venture between Honda Japan and the Hero Group.

• Over the next two decades the Hero Group through Hero Corporate Service Limited setup several companies to supply to Hero MotoCorp, partly or wholly owned by the Hero Group.

Achievements

• Life achievement awards from TERI, E&Y, AIMA and ET.

• Indian Automotive Hall of Pride by Overdrive

• Forbes 200 ‘Most Respected’ companies

• The Brand Trust Report published by Trust Research Advisory ranked Hero Honda in the 13th position.

• Green Pioneer award

• Best value for money bike maker

Company Policies

CHANGED TO

Demerger

Reasons for the Split.

Actions Taken.

Issues that Arose after the Demerger

Exports• Hero MotoCorp as of now exports only to Latin and Central America

and Africa

• They aiming to sell one million units across the world by 2016-2017 • The Hero motorcycles to be sold in these markets include a mix of

models from the 100cc and 125cc range.

• For the fiscal 2013-14, Hero MotoCorp has earmarked Rs 1,100 crore as capital expenditure

• Exports grew 24% during the year 2011-2012, as we exported 164,570 two-wheelers

Financial Data

Net Profit

Per Share price

Current Investments

• Announced an investment of Rs 2,575 crore in expanding capacity at its three existing plants

• The company will make initial investment of Rs.400 crore in the Neemrana facility.

• Hero MotoCorp has also signed a state support agreement (SSA) with the Gujarat government to set up a new plant in the state.

Reasons for Growth

Future Growth• The company aims of achieving revenues of $10billion and volumes

of 10 million two-wheelers by 2016-17

• Hero MotoCorp hopes to achieve 10 per cent of their revenues from international markets

• Hero Motocorp achieved a turnover of 24,000 crore in the last year and it plans on achieving a turnover of 60,000 crores by 2020.

• Launching as many as 12 new products by April 2014.

• Entering new markets By 2050 the country is expected to top the world with approximately 611million vehicles on the nation’s road.

Upcoming Projects

• Setting up a fourth plant at Neemrana in Rajasthan

• Setting up a fifth plant at Halol in Gujarat

• Setting up a new state-of-the-art integrated R&D centre at Kukas, Rajasthan

 • Setting up a Global Parts Centre (GPC) at Neemrana, Rajasthan

Bibliography• http://autocarpro.in/contents/technologyDetails.aspx?TechnologyID=122

• http://www.wheelsunplugged.com/news/hero-motocorp-plans-go-

abroad-new-models-year/1236

• http://en.wikipedia.org/wiki/Hero_MotoCorp#cite_note-livemint1-20

• http://www.thehindubusinessline.com/companies/hero-motocorp-q1-net-

down-11-at-rs-549-cr/article4948658.ece

• http://www.moneycontrol.com/india/stockpricequote/auto-23-wheelers/

hero-honda-motors/HHM

• http://www.heromotocorp.com/en-in/

• Imad Sirkhot 32

• Isha Aggarwal 33

• Ishan Khanna 34

• Jay Loliyania 35

• Karen D’souza 37

Group Members