Friday, August 9, 2013

Hero MotoCorp Ltd rolled out the "50 Millionth Two-Wheeler"

Hero MotoCorp Ltd rolled out the
Today is a very special day for us – for two significant reasons – we have become the first Indian two-wheeler company to reach the historic milestone of 50 million units production, and today is also the day when we embark on a new journey. Over the past two years, we have been working hard to build a foundation to realize our aspirations of a New Hero. This New Hero will now operate at a scale never seen before – footprints in 50 countries with 20 manufacturing facilities across the globe and 100 million cumulative two-wheelers sold by 2020.

In the short term, we will launch Brand Hero in 10 more international markets by the end of this year.  And by next year, we will have six assembly facilities spread across three continents.

Work is underway on a state-of-the-art Global Parts Centre (GPC) at Neemrana in Rajasthan – the largest of its kind in India that will give our large network of dealers an unmatched edge in the market.

For customers, we have lined up 12 new products of variants and upgrades during the course of this financial year.

Through our project titled ‘Leap 20’, we are bringing very high levels of innovation across our supply chain, and partnering with our suppliers to drive significant improvements in our cost structure, even as we raise the bar even higher on product quality and reliability.

Mr. Pawan Munjal, Managing Director and Chief Executive Officer, Hero MotoCorp.

A HISTORIC MILESTONE TODAY

50 MILLIONTH “HERO” ROLLS OUT
Marking a momentous occasion in the illustrious journey that began 28 years ago, Hero MotoCorp Ltd rolled out the “50 Millionth Two-Wheeler” – the Popular “XTREME” motorcycle.

In a feat unparalleled in the country, Hero has been driving the mobility revolution on the roads…and the Journey Continues…

A NEW HERO TOMORROW

100 MILLION PRODUCTION MARK
With a product portfolio spread across the spectrum – from commuter segments to the mid-level bikes and scooters to the premium performance bikes, Hero is stepping on the gas to surpass the Super Milestone of 100 Million volumes by the year 2020.

50 COUNTRIES ACROSS THE GLOBE
After achieving continued sustainable, responsible growth in India, now the vision is to capture growth opportunities in the global two-wheeler global market. As the New Hero shifts gears, it rides into new terrains and new time-zones spanning more than 50 countries - from Brazil to Philippines; from Nigeria to Argentina.

20 MANUFACTURING PLANTS WORLDWIDE
With robust plans for the Global Market, the New Hero is all revved up to spread its manufacturing base worldwide - 20 locations across continents by year 2020. The state-of-the-art Global Parts Centre (GPC) coming up at Neemrana, Rajasthan, to provide competitive edge to the vast expanse of dealership network.

RAISING THE BAR
Project ‘Leap 20’ brings very high levels of innovation across the supply chain, significantly improving the cost structure, even as it raises the bar all the more higher on product quality. With ongoing investment in innovation / R&D the spotlight is on delivering innovation, partnerships and a portfolio that enhances the consumer experience, ensures product affordability and builds brand loyalty to deliver long-term growth.

EXPANDING PORTFOLIO
With customers delight as the focal point of Hero, more than 12 new offerings across segments to be launched in this financial year.