Honda a Japan based company wanted to extend its buisness globally and saw a large market in indian territory. it cant directly come into the indian market because of certain govt. policies. so it was looking for a company in India. hero, a bicycle manufacturing company also want to expand its buisness to next level, and looking for new technology and financial support. so hero gave visa to honda to come in the country and expand its buiness with this merger. so the merger happened between both of them.
Brijmohan Lal Munjal is the chairman and founder of the hero-honda motors ltd.Hero Honda is a joint venture between the Hero Group of India and Honda of Japan.
as honda company has strongly established its individual business and is very successful it so it does not want to be with hero group
Hero Motocorp, formerly Hero Honda, was a partnership between Hero Cycles and Honda. When that partnership ended and Hero bought Honda's shares, they were then renamed Hero Motocorp.
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Hero Honda Split was created in 1983.
Hell no..Hero Honda is Indian(they are using Japanese tech.) but Honda is originally Japanese..but now India also making Honda Brand named bikes,after Hero and Honda companies split up..
proper plc report of hero Honda with graph
Recession has not effected HERO HONDA, its sale is increasing continuously
Can Honda hero 500cc quads 2wd pull trees
Bajaaj, Hero Honda streak, Wego, Honda Activa, hero Honda scooty pept, and much more...
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