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The Achievements

The Group and its management have acquired a number of accolades and achievements over the years:

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 years 2001-05.

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 old.

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.

Engineering Exports Promotion Council has awarded Hero Cycles with the Best Exporter Award for the last 28 years in succession.

  Hero Cycles Ltd.
  Hero Nagar, G. T. Road,
  Ludhiana (Punjab) India
Tel: +91-161-5026969, 2539448-52
Fax: +91-161-2539478
E-mail: info@herocycles.com
copyright 2006-2007. Hero Cycles Ltd.
All Rights Reserved