How Hero MotoCorp Started?

How Hero MotoCorp Started?

Hello friends, today I'm going to discuss a popular and world's largest two-wheeler vehicle manufacturing brand - Hero MotoCorp and how it started? This corporation was founded by Brijmohan Lal Munjal along with his two brothers even before the independence of India. He dreamt of making a successful two-wheeler that could be a comfortable and cheap facility for the poor for transportation. But he did not have enough money to make his dream come true. And thus, he started selling parts of the cycle. You must be wondering how could a person establish such a big manufacturing company with a background of selling cycle parts. So let's get to know the success story of Hero group.

Also Read
Why YouTube Is Successful ?
Success Sotry Of Dominos
Success Story Of Amul

The story starts with the birth of Brijmohan Lal Munjal in 1923 in the undivided country of India. Years later, with his two brothers, he came to Amritsar and somehow managed to get a stall for selling cycle parts. With time and growth of the business, he gathered some money. Then, he established a small company named Hero Cycles company at Ludhiana where he made chains and other parts of cycles. The next year, they got the license from the Govt. in order to manufacture cycle parts. With a loan of 6 lakhs from the govt., Hero group started manufacturing cycles. It faced troubles at the start but then, its production increased to 7500 cycles a year.

In 1975, Hero cycles became the largest cycle manufacturing company in India. Soon, they tried hard to export and sell the cycles in foreign markets. And to their luck, by 1986, Hero cycles became the largest cycle manufacturer in the whole world. And that year, the company name was written in the Guinness book of world records. Today, the company manufacturers as many as 19000 cycles a day.

After reaching a successful peak with cycles, the company started making motorcycles. Then it merged with Japan's Honda company to manufacture cycles. A new plant was established in Haryana and then they launched the first motorcycle with the name Hero Honda. This motorcycle gained a hell lot of popularity among the mass.

During 1985-2002, almost 86 lakhs motorcycles were sold. After attaining new heights in the world of manufacturing, Hero Honda decided to separate in August 2011.Then, Hero group looked forward to turning its name to Hero MotorCorp.  In 2015, Brijmohan Lal Munjal breathed his last after setting a history. Now, 46% of Indians use Hero bikes.

Hope you're inspired.
Keep reading!

Post a Comment