besides hero cycles ltd the group also includes auto parts manufacturing companies hero motors ltd zf hero chassis systems and munjal kiriu industries among othersmumbai hmc hero motors company group is aiming to treble its exports and international revenue to rs 3000 crore by fy24 driven by high growth in the european and american markets the group is set to cross rs 1000 crore in exports and international revenue this financial year backed by strong global demand for bicycles ebikes and automotive components segments which would be as much as 92 per cent higher over fy21 hmc group said in a release advt earlier this year the group announced its 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 besides hero cycles ltd the group also includes auto parts manufacturing companies hero motors ltd zf hero chassis systems and munjal kiriu industries among others hero cycles has a manufacturing facility in sri lanka as well as a design centre in the uk it also owns ukbased avocet sports germanybased hnf and firefox bikes in india it has a manufacturing capacity of six million bicycles per year and a network of plants located in ludhiana punjab ghaziabad up and bihta bihar while avocet sports was hero cycles first overseas acquisition and marked the companys entry into the european bicycle market hnf marked the companys foray into the ebikes segment with the first batch of made in india hnf ebikes to the european market and the launch of hero e cycle valley we are looking forward to robust global expansion and mark a major leap for indigenous manufacturing pankaj m munjal chairman and md at hmc said on the groups 65th founders day we are confident of crossing rs 1000 crore of exports and international revenue and meeting another ambitious target of rs 3000 crore by fy 24 munjal added hero international in june at the time of the delivery of the first batch of madeinindia ebikes to europe had said the company aims to achieve an organic revenue of up to euro 300 million by 2025 while adding euro 200 million from inorganic growth advt the company said it has further consolidated its place as a reliable supplier in the global market while bringing suppliers and manufacturers under one umbrella at the atmanirbhar manufacturing hub in the form of a 100acre hero industrial park honda motorcycle scooter india commences deliveries of cb200x bikethe bike priced at rs 144 lakh and unveiled last month is being delivered through the companys red wing dealerships honda motorcycle scooter india ltd said in a releasesee more details pti published on sep 8 2021 at 1009 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this