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Mis of Hero Motocorp

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Submitted By saptadipsaha
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MIS IMPLEMENTATION
IN
HERO MOTOCORP.
MIS IMPLEMENTATION
IN
HERO MOTOCORP.

Introduction to Company
Hero Motocorp Ltd., erstwhile known as Hero Honda Motors Ltd., is a two wheeler manufacturing firm based in New Delhi, India. In terms of sales volume, it moved to the top position as the largest manufacturer of two wheeler in the world in the year 2001. The company has successfully managed to maintain this position ever since. Forbes magazine, in 2006, has placed the company in 108th position in the list of 200 Most Respected companies.
The company was incorporated as Hero Honda Motors Ltd. in the year 1984, as a joint venture between Hero Cycles Ltd. of India and Honda Motor Co., Ltd. of Japan. The Munjal brothers led Hero Group and Honda Motor Co. Ltd. each owned a stake of 26% in the company.
Honda moved out of the venture in 2010 and shares held by it were bought by Hero Group. In July, 2011, the company was rechristened as Hero MotoCorp and it embraced a new logo. 18 months after the split with Honda Motors, the company approved the proposal of merging the investment arm of its parent company, Hero Investment Pvt. Ltd.
Glimpse to the past: The 1980s saw the introduction of Hero Honda Motorcycles in the country that gained widespread acceptance with the average Indian motorcycle rider due to the low cost and fuel efficiency of the motorcycles. The company grew in double digits in terms of sales ever since its formation and occupied the top slot of two wheeler manufacturer globally and countrywide in 2001. The company has been able to retain the lead till date.
Operations: The two wheelers of Hero MotoCorp are manufactured in three state-of-the-art manufacturing facilities situated in Dharuhera and Gurgaon in the state of Haryana and in Haridwar in the state of Uttarakhand. These units combined can produce 6.9 million two wheelers in a year. With over...

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