Hero MotoCorp, the world’s largest maker of motorcycles and scooters has rolled out its five millionth two-wheeler, thereby surpassing the significant milestone of 100 Million (10 Crores) units in cumulative production.
The 100 millionth bike, Hero Xtreme 160R, was rolled-out of the Company’s manufacturing facility in Haridwar, northern Indian hill state of Uttarakhand on Thursday.
Anchored by Hero’s global brand ambassador and renowned movie star, Shah Ruck Khan, the historical moment, was held virtually and witnessed by thousands of global audience, including customers, dealers, distributors, investors, suppliers, employees, customers and the media.
Addressing the global audience, the company’s Chairman/CEO, Dr Pawan Munjal, described the milestone as an affirmation of the Brand’s appeal, as well as an acknowledgment of the customers’ preference for Hero across geographies, demographics and generations.
“Hero MotoCorp,” he said, “has been at the fore-front of providing mobility to the aspirations of millions around the world, and the achievement of this milestone is the success of evolving engineering, operational excellence and sustainable practices.
“It is also the success of the holistic ecosystem built on trust and belief that has grown along with this company. Most importantly, this is a celebration of the customers, who continue to shower their love and faith on Hero.”
To mark the occasion, Munjal unveiled six special celebration edition models at the Company’s manufacturing facility at Gurugram, located in the National Capital Region (NCR) of Delhi.
The edition models include Splendor+, Xtreme 160R, Passion Pro, Glamour (motorcycles) and Destini 125, Maestro Edge 110 (scooters), all of which will go on sale from February 2021.
Dr. Munjal also outlined Hero MotoCorp’s plans and vision for the next five years.
“We are going to continue to ride our growth journey,” he explained, “In keeping with our Vision to ‘Be the Future of Mobility’ we will be launching a host of new motorcycles and 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.
“During this timeframe, the company will aim to further consolidate its leadership position, expand its global footprint, launch exciting and relevant products and also work on innovative product concepts.
“The company also plans to, within the next five-year, introduce over 10 products – including variants, refreshes and upgrades – every year.”
Though it began operation in 1984, Hero MotorCorp’s achieved its first million mark 1994, 5 million in 2001, 10 million in 2004, 25 million in 2008, 50 million in 2013 and 75 million in 2017.
Headquartered in New Delhi (India), Hero MotoCorp Ltd, currently, sells its products in more than 40 countries across Asia, Africa, Middle East, and South and Central America.
The company has eight state-of-the-art manufacturing facilities, including six in India, and one each in Colombia and Bangladesh, two world-class R&D facilities, namely: the Centre of Innovation and Technology (CIT) in the northern Indian state of Rajasthan and Hero Tech Centre Germany GmBH.
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