By Meghna Sharma Hero MotorCorp Limited is an Indian multinational automotive company specialising in the design, manufacture and sale of motorcycles and scooters. It is headquartered in New Delhi, India. The company manufactures a diverse range of motorcycles and scooters, varying in engine capacities from 100cc to 225cc. Hero’s key motorcycle models include Splendor Series, HF Series, Karizma Series, XPlus Series, Xtreme Series and Passion Series. Its popular scooter models include Pleasure Series, Xoom Series and Destini Series.
| Details | Info |
| Founded | 1984 |
| Founder | Brijmohan Lall Munjal |
| Headquarters | New Delhi, India |
| CEO | Pawan Munjal |
| Sector | Automotive |
Company Profile
Hero MotorCorp Limited was established on 19th January 1984 as Hero Honda Motors Limited, a joint venture between Hero Group and Japan’s Honda Motor Company. The company was founded to manufacture motorcycles and scooters for the Indian market. Its first motorcycle model was CD100, launched in 1985. Hero launched a 100cc motorcycle named Splendor in 1994, which became India’s best-selling motorcycle.
Hero expanded its portfolio to premium and commuter segments by launching newer models like CBZ and Passion in 1999-2000, and Karizma in 2004. Hero Honda Motors rebranded as Hero MotorCorp Limited after a split with Honda in the year 2011.
Hero MotorCorp Limited is currently the world’s largest manufacturer of two-wheelers in terms of unit volumes. It has around 30% share in the Indian two-wheeler market. The company operates 8 state-of-the-art manufacturing facilities in India, alongside one each in Bangladesh and Colombia.
Origin Country
Hero MotorCorp Limited has its origins in India and was founded to cater to the Indian consumers. With the exit of Honda, it is a completely Indian company. Apart from India, Hero sells its products in over 40 countries across Asia, Africa, Central America and South America.
Market Cap
Market capitalisation of Hero MotorCorp Limited is INR 1.12 trillion, as of October 2025. Its current share price is INR 5,595. The valuation reflects the dominant position of the company in the two-wheeler industry.