Hero Cycles facts for kids
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| Private company | |
| Industry | Bicycles |
| Founded | 1956 |
| Founder |
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| Headquarters | Ludhiana, Punjab, India |
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Key people
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Pankaj M Munjal |
| Products | Bicycles |
| Revenue | ₹26 billion (US$440 million) 2017–2018 |
| Total assets | ₹76.40 billion (US$1.3 billion) (2017–2018) |
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Number of employees
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7610 |
| Parent | Hero Motors Company |
Hero Cycles is a very big Indian company. It makes bicycles and parts for bikes. The company is located in Ludhiana, a city in Punjab, India. The current leader of Hero Cycles is Pankaj M Munjal.
How Hero Cycles Started
Hero Cycles began in 1956. It started in Ludhiana, Punjab. At first, they only made parts for bicycles. Today, Hero Cycles is one of the biggest bicycle makers in the world. They produce over 18,000 bikes every single day!
Hero Cycles is part of a larger group called Hero Motors Company. In 2016, Hero Cycles sent its bikes to more than 70 countries around the world. This shows how popular their bikes are. The company also has special certificates (ISO9001 & ISO14001). These mean they meet high standards for quality and environmental care.
Hero Cycles makes bikes for other brands too. This is called "white label manufacturing." They also sell motorcycles under their own brands, Hero and UT. In 2015, Hero Cycles bought a popular bicycle brand called Firefox.
Hero Cycles has also bought companies in other countries. In 2015, they bought a big part of Avocet Sports Ltd. This company is in the UK. It sells bikes, electric bikes, and bike parts. Avocet launched its own bike brand, Insync Bikes, in 2018. In 2019, Hero also bought a part of HNF-Nicolai, a German company that makes electric bikes. They also bought a part of BSH Ventures, a bike maker in Sri Lanka, in 2016.
In 1986, Hero Cycles was named the largest bicycle maker in the world by the Guinness World Records. This was because they made more bikes than any other single company.
Hero Cycles Family
Hero Cycles is part of the Hero Motors Company (HMC). This is like a big family of companies.
The HMC family includes many different businesses. Some of them are Hero Cycles Ltd., Avocet Sports (from the UK), BSH (from Sri Lanka), and Firefox Bikes. (This Firefox is a bike brand, not the internet browser!) Other companies in the family are Spur, HGD, Hero Motors, Munjal Hospitality, Munjal Kiriu, ZF Hero, and OMA.
Where Hero Cycles Makes Bikes
Hero Cycles has several factories where they make their products:
- Hero Cycles, Ludhiana, Punjab
- Hero Cycles, Ghaziabad, Uttar Pradesh
- Hero Cycles, Bihta, Bihar
- BSH Ventures Pvt. Ltd., Sri Lanka
- ZF HERO Chasis Systems, Pune, Maharashtra
- ZF HERO Chasis Systems, Chennai, Tamil Nadu
- Munjal Kiriu, Manesar, Haryana
- Munjal Kiriu, Ahmedabad, Gujarat
See also
- Hero Motors company
