Achievements

Hero Group ranks among the Top 10 Indian Business Houses comprising 20 companies, with a turnover of US$4.2 billion during the fiscal year 2005-2006. The Group and its management have acquired a number of accolades and achievements over the years.

The Group Chairman, Mr. Brijmohan Lall Munjal, was conferred the Padma Bhushan by the President of India on the Republic Day (January 26) in 2005. Padma Bhushan is awarded to recognize distinguished service of a high order to the nation.

Mr. Brijmohan Lall Munjal is also a recipient of the coveted "Ernst & Young Entrepreneur of the Year" Award for 2001.

The management style of the Hero Group has been acclaimed internationally by leading management institutions like INSEAD (France). London Business School, UK, has done a study on the Group as a Model of Entrepreneurship. Based on a world-wide study, the World Bank has acclaimed Hero Cycles as a role model in vendor development.

Boston Consulting Group has ranked the Hero Group as one of the top 10 Indian Business Houses on EVA (Economic Value Added).

Hero Group is recognized as a long-term partner and an ideal employer. Hero Group's partnership with Honda Motors, Japan, is now over 20 years old.

Hero Honda Motors is recognized as:

• Winner of the Review 200 – Asia's Leading Companies Award (third rank among the top 10 companies) by Far Eastern Economic Review for the year 2003.
  
  
• Adjudged the “Most Respected Company in Automobile Sector” by Business World.
  
  
• A survey by Economic Times has declared Hero Honda as "The Most Trusted Automobile Brand in India."
  
  
• The company has received the highest rating for Corporate Governance in 2003 by CRISIL – India’s leading Ratings, Risk & Advisory Company.
  
  
• Centre for Science and Environment has ranked Hero Honda Motors as No. 1 on Environmental Performance in the two-wheeler category.
  
  

Hero Cycles Limited is a Guinness Book World Record holder since 1986 as the World's Largest Manufacturer of Bicycles. The company has won the Best Exporter Award by Engineering Exports Promotion Council for the last 28 years in succession.