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Not to be confused with Hero Group.
|Headquarters||Ludhiana, Punjab, India|
|Om Prakash Munjal|
|Revenue||₹1650 crore (US$240 million) 2010-2011|
|Subsidiaries||Hero Motocorp, Erik Buell Racing (49.2%, a subsidiary of Hero Motocorp)|
|Slogan||Cycle of Life|
- The brothers hailed from a small town called Kamalia, now in Pakistan.
- The brothers established a business of bicycle spare parts in the year 1944 in Amritsar.
- After partition and independence of India, the brothers moved to Ludhiana and started a bicycle unit called Hero Cycles in 1956.
- By 1975, Hero became the largest manufacturer of bicycles in India with a production of 7500 cycles per day.
- In 1984, Hero group joined Honda Motors of Japan to create Hero Honda Motors Limited which soon became one of the market leader in motor-cycle sales in India.
- In 1986, Hero Cycles produces over 18,500 cycles a day, the highest in global reckoning. With the 48% share of the Indian market, this volume has catapulted Hero in the Guinness Book of World Records as the largest bicycle manufacturer in the world.
- By 2004, Hero Honda became the world's largest manufacturer of two-wheelers with over 48% market share in India.
- In August 2011, Hero and Honda parted company, thus forming Hero MotoCorp and Honda moving out of the Hero Honda joint venture.
- In 2012, Hero crossed the figure of 13 Crore Cycles.
- "Hero Cycles to get into premium segment; to export to US, UK - Economic Times". Articles.economictimes.indiatimes.com. 7 August 2011. Retrieved 10 August 2011.
- "Hero Cycles Ltd". Herocycles.com. Retrieved 10 August 2011.
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