Automotive industry grins and bears it, as usual

As has always been happening in the past, the Indian automotive industry has been left with no other choice, but to grin and bear it and pretend everything is hunky- dory. An additional 1 per cent tax will now be co...

ZF Hero Chennai plant to assemble chassis modules for BMW

ZF Hero Chassis Systems Pvt. Ltd. the 50:50 JV of ZF India Pvt. Ltd. and Hero Motors Ltd. formally inaugurated a new plant in Oragadam, Kanchipuram district on the outskirts of Chennai city on September 25, 2015. Th...

Hero Cycles acquires Firefox Bikes in premium cycle segment

Hero Cycles, world’s largest bicycle manufacturer by volume, has acquired Firefox Bikes, India’s largest premium bicycle brand, as part of its strategy to further cement its position in the fast-growing premium cycl...

Pankaj Munjal is new Chairman & MD, Hero Cycles

Hero Motors group, which includes the flagship company Hero Cycles, the world’s largest bicycle manufacturer, appointed Pankaj Munjal as its Chairman and Managing Director. The decision was taken at a recent board m...

MIFA files for insolvency; Hero Cycles deal off

Mitteldeutsche Fahrradwerke AG (MIFA), a leading bicycle maker based in Germany has not only called off its business deal with India-based Hero Cycles (part of OP Munjal Group) but has also filed for insolvency afte...

Hero Cycles inaugurates aluminium cycle plant

Hero Cycles Ltd. has inaugurated its new all-aluminium cycle plant at its existing facility in Ghazi

Hero Cycles begins aluminium frame production

Hero Cycles Ltd. has announced the setting up of a new assembly unit. The new unit has been incorpor




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