The Group and its management
have acquired a number of accolades and achievements over the
Hero Group Management style
has been acclaimed internationally by World Bank and BBC, UK.
Hero Group is discussed as a case study at London Business School,
UK and INSEAD, France. World Bank has acclaimed Hero Cycles
as a role model in vendor development based on a world-wide
study. The London Business School, UK, has done a case study
on the Group as model of entrepreneurship.
Boston Consulting Group has
ranked Hero Group as one of the top ten Business Houses on Economic
value, in India.
HSBC-Merril Lynch has estimated
Hero Group to be amongst the top value creators in the five
The Hero Group is recognized
as a long term partner and an ideal employer:
-- Hero Group's partnership
with Honda Motors, Japan is over 20 years old
-- Hero Group's Partnership
with Showa Manufacturing Corporation, Japan is over 18 years
Group Chairman, Mr Brijmohan
Lall Munjal received the coveted "Ernst & Young Entrepreneur
of the Year" award for 2001.
Hero Cycles was ranked 3rd
amongst top Indian companies Review 2000 - Asia's leading companies
award (2003) by Far Eastern Economic Review.
Hero Cycles is the World's
largest manufacturer of Bicycles with annual sales volume of
over 4.8 million cycles.
Hero Cycles Limited is a Guinness
Book Record holder since 1986 as the world's largest manufacturer
of bicycles, with annual sales volume of 5.2 million bicycles
in FY 2004.
Promotion Council has awarded Hero Cycles with the Best Exporter
Award for the last 28 years in succession.