Hero Motocorp Surpases The Monumental 100 Million Cumulative Production Milestone.
"Hero Motocorp Becomes The Only Indian Automotive Manufacturer To Acheive The Incredible Landmark."
Hero MotoCorp, the global leading motorcycle and scooter maker, has today passed the important milestone of the cumulative production of 100 millions (10 Crores) units.
In Haridwar, in the northern Indian hill state of Uttarakhand, the 100 millionth bike, the Xtreme 160R, was rolled out of the company's manufacturing facility.
This is also Hero MotoCorp's 20th straight year of retaining the prestigious award of the world's largest two-wheeler maker.
The achievement of this milestone by Hero MotoCorp is one of the fastest milestone to reach global 100 million cumulative production mark's, with the last 50 million units coming in a period of just seven years.
Based on sustainable growth, with its revenues, R&D and manufacturing ecosystems, Hero MotoCorp has been creating value for communities across the globe and acting as an economic multiplier. It also works continuously for the advancement of the communities in which it operates.
Dr Pawan Munjal unveiled six special celebration edition models at the Gurugram production facility of the Company, located in the Delhi National Capital Region (NCR), to mark the occasion. Splendor+, Xtreme 160R, Passion Pro, Glamour (motorcycles) and Destini 125, Maestro Edge 110 (scooters) are the six celebratory edition models, which will be available from February 2021.
Dr. Munjal also presented the plans and vision of Hero MotoCorp for the next five years, addressing a global audience including customers, dealers, distributors, investors, suppliers, workers, customers and the media.
The Company will seek to strengthen its leadership role further during this timeframe, broaden its global reach, introduce exciting and important products and also work on new creative product concepts.
Hero MotoCorp will launch over 10 products, including versions, refreshes and updates, every year as part of the next five-year plan.
For its markets outside of India, Hero MotoCorp also has a steep growth target. Its activities in these markets will continue to expand and penetrate key markets in new geographies as well.
Via its eco machinery and fuel-efficient goods, Hero MotoCorp will continue to reduce its carbon footprint. The Organization will also continue to work through its internal initiatives and by supporting the broader external ecosystem to facilitate new mobility solutions.
Road to 100 Million
1994 – First Million
2001 – Five Million
2004 – 10 Million
2008 – 25 Million
2013 – 50 Million
2017 – 75 Million
2021 – 100 Million
Dr Pawan Munjal,
Chairman & CEO of Hero MotoCorp says, “ This significant landmark is also an affirmation of the inherent capabilities in India and Hero’s Brand appeal. We have been making in India, for the world – and this milestone is an acknowledgment of the customers’ preference for Hero across geographies, demographics and generations.”
“We are going to continue to ride our growth journey. In keeping with our Vision to ‘Be the Future of Mobility’ we will be launching a host of new motorcycles & scooters over the next five years, in addition to expanding our global footprint. We will also continue to invest in R&D and focus on new mobility solutions.”
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