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Hero Cycles Ltd, the world’s largest maker of cycles, is now foraying into the electric vehicle (EV) space under the brand Lectro. The company has earmarked Rs 1,000 crore for its e-cycle venture.
Hero Motors and Yamaha Motor Co. (Japan) entered into an agreement in October 2021 to create a Global E-Cycle (Electric) Drive Unit company at Hero E-Cycle Valley in Ludhiana.
NEW DELHI: Bicycle manufacturer Hero Cycles sold over six lakh units last month, an increase of 20 per cent as compared to December 2014. The sales registered in December 2015 is the highest one ...
The economic slowdown may have affected various sectors, especially the automobile sector, but Hero Cycles is gaining more market share even during the slump, Director of Firefox Cycles Limited ...
Hero Cycles has a manufacturing capacity of 7.5 million cycles per year and its plant in Ludhiana produces 19,000 cycles a day. The company, with a market share of 35%, made 5.5 million cycles ...
World's largest bicycle manufacturer, Hero Cycles, on Monday ventured into premium bicycle market with the launch of its most expensive bicycle yet, the Rs 43,000 Red Dot.
With 48% share of the Indian market, this volume catapulted Hero Cycles, which has four manufacturing units with 7,000 employees, into the Guinness Book of World Records in 1986.
Hero Cycles, the country’s largest cycle manufacturer, has launched its new e-commerce website, strengthening the brand’s omni-channel presence.
Efficacy Worldwide has become the Agency of Record (AOR) for Hero Cycles. The agency has bagged this mandate after a multi-agency pitch. “With this partnership, we aim to captivate our target ...