Hero cycles and its management have acquired a number of accolades and achievements over the years:
- Hero’s Management style has been acclaimed internationally by World Bank and BBC, UK.
- World Bank has acclaimed Hero Cycles as a role model in vendor development based on a world-wide study.
- 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 record annual sales volume of over 5.6 million cycles in 2011.
- 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 n Best Exporter Award for the last 28 years in succession.