name: Hero Cycles
Hero Cycles Limited is an Indian manufacturer of bicycles and bicycle-related products, headquartered in Ludhiana, Punjab.
In 2004, Hero Honda became the world’s largest two-wheeler manufacturer, occupying more than 48% of the market in India. In August 2011, Hero Cycles and Honda split the company to form Hero MotoCorp, and Honda moved out of the joint venture Hero Honda.
Hero Cycles was founded in 1956, with revenue of 16.5 billion rupees ($250 million) from 2010 to 2011, and its subsidiaries include Hero Motocorp and Erik Buell Racing (a subsidiary of Hero Motocorp).
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