Hero Cycles Limited, based in

Ludhiana Ludhiana ( ) is the most populous and the largest Cities in India, city in the Indian state of Punjab, India, Punjab. The city has an estimated population of 1,618,879 2011 Indian census, 2011 census and distributed over , making Ludhiana the ...

Punjab Punjab (; Punjabi: پنجاب ; ਪੰਜਾਬ ; ; also romanised as ''Panjāb'' or ''Panj-Āb'') is a geopolitical, cultural, and historical region in South Asia, specifically in the northern part of the Indian subcontinent, comprising ...

, is an Indian company that manufactures

bicycle A bicycle, also called a pedal cycle, bike or cycle, is a human-powered or motor-powered assisted, pedal-driven, single-track vehicle, having two wheels attached to a frame, one behind the other. A is called a cyclist, or bicyclist. Bic ...

s and bicycle related products.

Pankaj M Munjal Pankaj M Munjal (born 15 December 1962) is an Indian businessman, and chairman and managing director of Hero Cycles Limited, based in Punjab, India, taking over the company from his father in 2015. Early life and education Born into the fami ...

is the

chairman The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the grou ...

and

managing director A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

of Hero Cycles.

History

Hero Cycles was established in 1956 in

, manufacturing

components. Today, Hero Cycles is one of the world's largest manufacturers of bicycles, producing 18390 cycles per day. Hero Cycles Ltd. is part of Hero Motors Company. In 2016 Hero cycles exported to over 70 countries world-wide. The company is ISO9001 & ISO14001 certified. The company acts in part as a white label manufacturer to various brands, in addition to selling motorcycles under the Hero and UT (formerly Urbantrail) brands. Hero Cycles bought the Firefox bicycle brand in 2015. In 2015, Hero Cycles Lt. bought a majority stake in Avocet Sports Ltd., a UK distributor of bicycles, e-bikes, bicycle parts, and accessories. Insync Bikes brand was launched by Avocet in November 2018. In 2019, Hero bought a majority stake in German e-bike manufacturer HNF-Nicolai. In 2016, Hero bought 60% of Sri Lankan bicycle manufacturer BSH Ventures. In 1986, the

Guinness World Records ''Guinness World Records'', known from its inception in 1955 until 1999 as ''The Guinness Book of Records'' and in previous United States editions as ''The Guinness Book of World Records'', is a reference book published annually, listing world ...

called Hero Cycles the largest bicycle manufacturer in the world. for being the single largest producer of bicycles.

Group structure

Hero Cycles is part of

Hero Motors Company Hero Motors Company (HMC) is an Indian multinational business conglomerate controlled by Pankaj M Munjal. The HMC family is made up of organisations such as Hero Cycles, Avocet Sports (UK), BSH (Sri Lanka), Firefox, Spur, HGD, Hero Motors, Mu ...

(HMC). The HMC family is made up of organizations such as Hero Cycles Ltd., Avocet Sports (UK), BSH (Sri Lanka), Firefox Bikes (not to be confused with the browser by Mozilla), Spur, HGD, Hero Motors, Munjal Hospitality, Munjal Kiriu, ZF Hero and OMA.

Plants

Hero Cycles,

Hero Cycles, Ghaziabad, Uttar Pradesh Hero Cycles,

Bihta Bihta is a town and Block in Patna district, Bihar state, India. Bihta is part of Maner Assembly constituency and Pataliputra Lok Sabha constituency. It is located around west of Patna. Bihta is also an upcoming satellite town of Patna. It l ...

, Bihar BSH Ventures Pvt. Ltd.,

Sri Lanka Sri Lanka (, ; si, ශ්‍රී ලංකා, Śrī Laṅkā, translit-std=ISO (); ta, இலங்கை, Ilaṅkai, translit-std=ISO ()), formerly known as Ceylon and officially the Democratic Socialist Republic of Sri Lanka, is an ...

ZF HERO Chasis Systems, Pune,

Maharashtra Maharashtra (; , abbr. MH or Maha) is a states and union territories of India, state in the western India, western peninsular region of India occupying a substantial portion of the Deccan Plateau. Maharashtra is the List of states and union te ...

ZF HERO Chasis Systems, Chennai, Tamil Nadu Munjal Kiriu, Manesar, Haryana Munjal Kiriu,

Ahmedabad Ahmedabad ( ; Gujarati: Amdavad ) is the most populous city in the Indian state of Gujarat. It is the administrative headquarters of the Ahmedabad district and the seat of the Gujarat High Court. Ahmedabad's population of 5,570,585 (per t ...

, Gujarat

References

External links

Hero Group
{{- Cycle manufacturers of India Companies based in Punjab, India Economy of Ludhiana Vehicle manufacturing companies established in 1956 Indian companies established in 1956 Indian brands Hero Group 1956 establishments in East Punjab

History

Group structure

Plants

See also

References

External links