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October 13th, 2008 admin Leave a comment Go to comments

Hero Honda is the market leader in the manufacture of motor-cylces in India for years, with its bikes are popular among the Indians. The company is a joint venture between Hero Group of India and the Japanese auto giant Honda. Already the company is the largest manufacturer of two-wheelers in the world.

Hero Honda was founded in 1984. The company started to introduce vehicles and products of the company soon became popular with Indian customers because of their fuel efficiency and reliability. Splendor of the best-bike dealer, who sells more than 1 million bicycles a year.

Already the company Hero Honda has 3 manufacturing plants. Two of them are based at Dharuhera and Gurgaon in Haryana, while the third is at Haridwar in Uttarakhand. The company brings around 39 lakh bikes per year. The company has sales and service network of more than 3,000 stores and service stations in the country.

After opening the Indian economy, the automotive industry in India is growing rapidly. All big companies like Toyota, Ford, Honda, BMW, Mercedes, etc. are now operating in the Indian car market. With increasing sales of automobiles, and even bicycle sales significantly increased. Many people thought the wheel sales will affect a large number of car sales in India. However, all the evidence rounds are as bad as ever sold in large quantities. Middle-class Indians still prefer to commute an average which is economical and reliable. Wheels are good for the Indian market because they are cheaper to buy and less expensive to maintain.

One reason for the success of Hero Honda was also closed economy of the country not to support the presence of a large number of players market. The competition was pretty good at that time. At that time, the waiting period Bajaj scooter was too long. Even more two-wheeler makers such as Royal Enfield and Escort have long waiting lists. Large quantities of production and expand retail space was the reason for the success of Hero Honda bikes.