India s Hero Cycles taps its global aspiration with London
Image by Michael Gaida from Pixabay
India s Hero Motors Company (HMC) Group on Tuesday announced plans to set up a new international headquarters, Hero International (HIT), in London as part of a push towards expanding Hero Cycles overseas business and strengthening its global presence.
The company said HIT is aimed at bringing HMC s European businesses under one umbrella and giving its electric bike business a major boost worldwide.
The new HQ will unify HMC-owned European businesses, including HNF GmbH in Germany and Insync Bikes in UK, as part of a long-term vision to grab an increasing share in the lucrative e-bike market growing at an exponential pace in Europe.
India s Hero Cycles to set up new global hub in London
HMC’s Global R&D is currently centralised in Berlin with HNF, which is a premium engineering unit
2 min read
. Updated: 17 Mar 2021, 10:25 PM IST PTI
The company said HIT is aimed at bringing HMC’s European businesses under one umbrella and giving its electric bike business a major boost worldwide
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London: India s Hero Motors Company (HMC) Group on Tuesday announced plans to set up a new international headquarters, Hero International (HIT), in London as part of a push towards expanding Hero Cycles overseas business and strengthening its global presence.
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India s Hero Cycles to set up new global hub in London
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Last Updated: Mar 16, 2021, 11:04 PM IST
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India s Hero Motors Company (HMC) Group on Tuesday announced plans to set up a new international headquarters, Hero International (HIT), in London as part of a push towards expanding Hero Cycles overseas business and strengthening its global presence.
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India s Hero Motors Company (HMC) Group on Tuesday announced plans to set up a new international headquarters, Hero International (HIT), in London as part of a push towards expanding Hero Cycles overseas business and strengthening its global presence.
The company said HIT is aimed at bringing HMC s European businesses under one umbrella and giving its electric bike business a major boost worldwide.
HMC sets up international headquarters in London ANI | Updated: Mar 16, 2021 17:28 IST
New Delhi [India], March 16 (ANI): Hero Motors Company (HMC) on Tuesday announced the setting up of its international headquarters in London to give its electric bike business a global push.
The move will unify the HMC-owned European businesses including HNF GmbH in Germany and Insync Bikes in United Kingdom by bringing them under one umbrella. The company aims to take up its European revenue up to 300 million euros in coming years.
Hero International (HIT) will play a strategic role in streamlining and bringing together various streams including research, development and design centres. It will provide a unified leadership with consolidated finance, strategy and supply chain operations.