Hero Cycles Limited Revenue and Competitors

Established in 1956 in Ludhiana, Hero Cycles is part of Hero Motors Company (www.hmcworld.co.in). It started with manufacturing cycle components, slowly paving its way onto becoming the one of the ‘Best Cycle Brand' in India. Today, Hero Cycles is undoubtedly the largest manufacturer of bicycles in India producing 5.2 million cycles per annum. Starting from a small unit to creating a huge global footprint, Hero Cycles has production units in Bihata and Ludhiana. The Ludhiana facility is also fully equipped with an in-house R&D facility producing major bicycle components within its premise under stringent quality parameters complying with all global standards. At present, Hero Cycles exports to over 70 countries including Germany, Poland, Finland and several African nations, with an approximate network of over 250 suppliers and 2800 dealerships. Moreover, Hero Cycles is ISO9001 & ISO14001 Certified from BVC of UK and recognised by the R&D department of the Govt. of India.