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Hero Motocorp Ltd., formerly Hero Honda, is an Indian motorcycle and scooter manufacturer based in New Delhi, India. The company is the largest two-wheeler manufacturer in the world,[3] and also in India, where it has a market share of about 46% in the two-wheeler category.[3][4] The 2006 Forbes list of the 200 World’s Most Respected Companies has Hero Honda Motors ranked at #108.[5] On 31 March 2013, the market capitalisation of the company was ₹30,800 crore (US$4.6 billion).[6]

Hero Honda started its operations in 1984 as a joint venture between Hero Cycles (sometimes called Hero Group, not to be confused with the Hero Group food company of Switzerland) of India and Honda of Japan.[7] In 2010, when Honda decided to move out of the joint venture, Hero Group bought the shares held by Honda.[8][9]
In June 2012, Hero MotoCorp approved a proposal to merge the investment arm of its parent Hero Investment Pvt. Ltd. with the automaker. This decision came 18 months after its split from Hero Honda

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