GCEIP 500 Company profile
Hero MotoCorp Limited
Hero MotoCorp built its scale in India’s two-wheeler market; its latest reported export jump shows the company pushing further into international markets.
The company
What it does
Hero MotoCorp is an India-based motorcycle and scooter manufacturer. It sells in India and exports vehicles into international markets.
Across markets
Hero MotoCorp’s annual report records 287,429 exports in FY2024–25, a 43.05% increase year over year. Its FY2023–24 report described sales in 48 countries. The export total shows how many products crossed borders; it does not establish the company’s market share or the effects on mobility in each destination.
The company’s footprint and context are linked to the public sources below.
GCEIP view
What the record tells us
TIME named Hero MotoCorp the 2016 Manufacturing Innovator of the Year, citing the company’s scooter line. The recognition sits alongside a later expansion in export volumes, but the two sources do not establish a causal link. The export story also needs market-by-market context: unit shipments alone cannot tell us about affordability, local manufacturing, safety outcomes or competitive position. This single award record remains pending the TIME India Awards programme review and does not constitute a 25-year award count.
Published recognition
Selected results
See published awards and company-list results 1 sources
- TIME India Awards · 2016View source
Manufacturing Innovator of the Year
Named winner of the 2016 Manufacturing Innovator of the Year award.