Chandigarh, September 26, 2011: The second edition of Chandigarh Cyclothon organized by the Chandigarh administration with Sport 18 with ‘Hero Cycles India as a main sponsor had a massive participation from over 5000 cycling enthusiasts ranging from small children to adults in different cycling rides organized as a part of the world tourism week celebrations of the Chandigarh Administration, the event was a great success.
Mr.O.P.Munjal, Chairman Hero Cycles Ltd. Ludhiana has been awarded LMA Life Time Achievement Award for his contributions in the growth of industry. He has been instrumental for bringing Ludhiana into International Map. Today Hero Cycles produces more than 19000 Cycles a day. Last year they set the record by producing more than 55-lacs cycles. Having a rich poetic dispostion and flair for lietrary activities, he is a versatile genius and is associated with various liteary socities. He is a multi-faceted personality. Apart from his business, he is deeply involved in social responsilities also.
New Delhi, September 02, 2011; Hero Motors Limited, India’s one of the largest & fastest growing business conglomerates with diversified business verticals announces association with ace F1 driver Narain Karthikeyan and his Formula One team. Hero Motors will be sponsoring Narain Karthikeyan and his team for the inaugural Formula One Grand Prix to be held in India in October this year. Hero Motors agrees to display its logo on Narain’s racing car in the Grand Prix as a token of its strong association with the event.
Hindu Business Line
Mr Pankaj C. Munjal, Managing Director of one of the oldest bicycle manufacturers in India, is upbeat about the growth in demand for the ‘common man's vehicle'. The 49-year-old head of Hero Motors Ltd and Hero Cycles Ltd graduated in science and went on for specialised training in automotive manufacturing at General Motors Institute, Flint, US.
In a first-of-its-kind initiative, the country’s largest bicycle manufacturer, Hero Cycles, is exploring tie-ups with micro finance companies to offer financing solutions to customers.
Inspired by purchases of buffaloes in villages through financing, the world's largest bicycle maker by volume Hero Cycles Ltd is looking to replicate the same for its products through micro finance firms to boost its rural sales.
Signalling the coming of age of Indian auto component makers, Hero Motors has bagged a contract to become the sole international supplier of gearboxes for BMW’s motorcycles for both domestic and global markets. Gearboxes are one of the most critical parts in an automobile and involve high-end engineering.
NEW DELHI: Leading bicycle maker Hero Cycles on Monday said it has tied up with Pantaloon Retail India (PRIL) under which its premium products will be sold at Future Group's different stores.
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