Building Capabilities
The Hero ‘Centre of Innovation and Technology' (CIT) in Jaipur, commenced operations in March 2016
Consolidation of Leadership Team
Pawan Munjal re-appointed as company's Chairman, Managing Director and Chief Executive Officer, for a period of five years (effective October 1, 2016)
Appointment of Malo Le Masson as the Head of Global Product Planning
Neerja Sharma appointed as the Company Secretary and Chief Compliance Officer, Hero MotoCorp
New Product Introductions
The first set of in-house designed and developed motorcycles - Splendor iSmart 110 and Achiever 150 - launched in July 2016 and September 2016 respectively
70 million cumulative production mark crossed in September 2016
Highest-ever monthly sales of 674,961 achieved in September 2016
Six-lakh plus sales achieved in four months during the Calendar year 2016 - October (663,153) September (6,74,961) August (6,16,424) and March (606,542)
Record retail sales registered during the festive period; 1 million sales mark crossed even before Dhanteras and Diwali
Augmented leadership in the 125cc motorcycle segment with the ‘Glamour' becoming the largest-selling 125cc motorcycle in the country
Strategic Sports Initiatives
Forayed into motorsports rally racing with ‘Hero MotoSports Team Rally' through strategic partnership with Speedbrain GmbH,
Association with Golf on the global stage further strengthened through association with the British Masters
Title Sponsorship of Caribbean Premier League (CPL) extended for another three year
Hosted Hero World Challenge, a Tiger-Woods Invitational PGA-sanctioned golf tournament in the Bahamas for the third consecutive year.
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