Hero MotoCorp Ltd was formerly known as Hero Honda. It is an Indian motorcycles and scooter manufacturer based in New Delhi, India. Hero Honda started in 1984 as a joint venture between Hero Cycles and Honda. Hero MotoCorp Ltd is one of the largest two-wheeler manufacturer company in India. According to 2006 Forbes 200, Most Respected companies list has Hero Honda Motors ranked at 108.
In 2011, Hero Honda was renamed Hero MotoCorp with a new corporate identity. On 4 June 2012, Hero MotoCorp has approved a proposal to merge with its parent Hero Investment Pvt. Ltd. Into the automaker. And the decision comes after 18 months of its split.
In 1980, the Company has introduced its first motorcycles with fuel economy and low cost in India. Hero MotoCorp has 3 manufacturing plants based in Dharuhera, Gurgaon in Haryana and Haridwar in Uttarakhand. Hero MotoCorp has large sales and service network with over 3000 dealerships and service center across India. Hero MotoCorp has received 10% of their revenue from its International Markets. The Company was going to build their 4th factory in South India and 5th in Western India. But there is no confirmation where the factories would be built.
The New brand identity and logo were designed and developed by British Firm Wolff Olins. Hero Honda Splendor sells more than one million units per year.