Hero honda company history12/26/2023 Hero Cycles is part of Hero Motors Company (HMC). for being the single largest producer of bicycles. In 1986, the Guinness World Records called Hero Cycles the largest bicycle manufacturer in the world. In 2016, Hero bought 60% of Sri Lankan bicycle manufacturer BSH Ventures. In 2019, Hero bought a majority stake in German e-bike manufacturer HNF-Nicolai. Insync Bikes brand was launched by Avocet in November 2018. bought a majority stake in Avocet Sports Ltd., a UK distributor of bicycles, e-bikes, bicycle parts, and accessories. Hero Cycles bought the Firefox bicycle brand in 2015. The company acts in part as a white label manufacturer to various brands, in addition to selling motorcycles under the Hero and UT (formerly Urbantrail) brands. The company is ISO9001 & ISO14001 certified. In 2016 Hero cycles exported to over 70 countries world-wide. Today, Hero Cycles is one of the world's largest manufacturers of bicycles, producing 18390 cycles per day. Hero Cycles was established in 1956 in Ludhiana Punjab, manufacturing bicycle components. ![]() History A bike from Hero Cycles, photo taken in Uganda Pankaj M Munjal is the chairman and managing director of Hero Cycles. ![]() Hero Cycles Limited, based in Ludhiana, Punjab, is an Indian company that manufactures bicycles and bicycle related products.
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