![]() ![]() It is not intended to illustrate either effective or ineffective handling of a management situation. The company is a joint venture between India's Hero Group and Honda Motor Company, Japan that began in 1984. The decision comes after 18 months of its split from Honda Motors.This case study was compiled from published sources, and is intended to be used as a basis for class discussion. is the world's largest manufacturer of two wheelers, based in India. After its 1st launching in 1994, it continues to reign for long years in the heart of the youngsters and even middle-aged people. The introduction of the bike has successfully fuelled the development of the two-wheeler of India. In June 2012, Hero Motocorp approved a proposal to merge the investment arm of its parent Hero Investment Pvt. Splendor was launched in 1994 by Hero Honda to compete with the global market of the bike and the technology of CD 100. Subsequently, in August 2011 the company was renamed Hero MotoCorp with a new corporate identity. In 2010, when Honda decided to move out of the joint venture, Hero Group bought the shares held by Honda. Hero Honda started in 1984 as a joint venture between Hero Cycles of India and Honda of Japan. On 31 March 2013, the market capitalization of the company was INR 308 billion (USD 5.66 billion). The 2006 Forbes 200 Most Respected companies list has Hero Honda Motors ranked at #108. Hero Motocorp Industry: Recreational Products Founded: 1984 Headquarters: New Delhi Country: India CEO & Managing Director: Pawan Munjal. When he was fifteen, he became part of an auto repair shop, and the passion grew. Japanese entrepreneur Soichiro Honda had loved motor vehicles almost since birth. Hero Motocorp Ltd Releases Huge Split Of The Hero Honda Hero MotoCorp Shuts Down US Company Hero MotoCorp reviews decade-old global The History of Hero. ![]() In India, it has a market share of about 46% share in the 2-wheeler category. The history of the Honda Motor Company began with an autophile and his dream. The company is the largest two-wheeler manufacturer in the world. Hero Motocorp Ltd., formerly Hero Honda, is an Indian motorcycle and scooter manufacturer based in New Delhi, India. ![]()
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