Hero Group ranks
amongst the Top Indian Business Houses comprising of 18
companies, with a turnover of US$ 2.2
billion during the fiscal year 2003-2004. The Group and its
management have acquired a number of accolades and
achievements over the years:Hero Honda was recognized as Bike Maker of the Year by
Overdrive Magazine Most Respected Company in Automobile Sector
by Business World Winner of the Review 200 - Asia's Leading
Companies Award (3rd rank amongst the top 10 companies).
Hero Honda was recognized as Bike Maker of the Year by
Overdrive Magazine Winner of the Review 2000 - Asia's Leading
Companies Award.
Hero Honda was recognized as the Company of the Year for
2002, by the eight member jury deciding the Economic Times
Awards For Corporate Excellence, for its sterling performance
that goes beyond quarterly blips.
Group Chairman, Mr Brijmohan Lall Munjal received the
coveted "Ernst & Young Entrepreneur of the Year"
award for 2001.
A survey by leading business newspaper - Economic Times -
declared Hero Honda as "the most trusted automobile brand
in India."
Hero Honda was ranked 3rd in India by Review 2003 - an annual survey of Asia's leading
companies conducted by Far Eastern Economic Review.
Hero Group Management style has been acclaimed
internationally by leading institutions like INSEAD (France).
World Bank has acclaimed Hero Cycles as a role model in
vendor development based on a world-wide study.
The London Business School, UK, has done a study on the
Group as model of entrepreneurship.
Boston Consulting Group has ranked Hero Group as one of the
top ten Business Houses on Economic value, in India.
ABN Amro has rated the Hero Honda stock as one of the most
valuable and one of the most under-rated.
Engineering Exports Promotion Council has awarded Hero
Cycles with the Best Exporter Award for the last 28 years in
succession.
HSBC-Merril Lynch has estimated Hero Group would be among
the top value creators in 2001-04.
Hero Cycles Limited is a Guinness Book Record holder since
1986 as the world's largest manufacturer of bicycles.
Hero Honda ranked Number One in the two-wheeler category on
Environmental Performance by the Centre for Science and
Environment.
The Hero Group is recognized as a long term partner and an
ideal employer:
-- Hero Group's partnership with Honda is 20 years old