Hero Cycles Limited Revenue and Competitors

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Total Funding



Estimated Revenue & Valuation

  • Hero Cycles Limited's estimated annual revenue is currently $333.5M per year.(i)
  • Hero Cycles Limited's estimated revenue per employee is $351,400

Employee Data

  • Hero Cycles Limited has 949 Employees.(i)
  • Hero Cycles Limited grew their employee count by 14% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation

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.



Total Funding


Number of Employees


Revenue (est)


Employee Growth %





Hero Cycles Limited News

2022-04-17 - Ludhiana: Two booked for fraud

In his complaint to the police, Sanjay said he had sent a truck load of bicycles from Hero Cycles Limited to Tamil Nadu through a transport...

2022-04-06 - Hero Lectro Launches Brand-Owned E-comm Website

In a move towards augmenting its overall brand experience, Hero Lectro, the E-Cycles brand of Hero Cycles Ltd. has announced the launch of...

2022-04-06 - Global Bicycles Markets Report 2022: US Market is Estimated ...

Hero Cycles Ltd. Huffy Corporation; Merida Industry Co., Ltd. Montague Corp. M S Bhogal and Sons; Santa Cruz Bicycles; Shimano, Inc.

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding