Project on Hero Honda

Description
Hero Motocorp Ltd., formerly Hero Honda, is an Indian motorcycle and scooter manufacturer based in New Delhi, India.

HERO HONDA MOTORS

Presented By(Group-4) Hrushikesh Rout Mamatarani Sahoo Imran Khan Jyoti Ranjan Mekap Jagdish Padhy Madhumita Nayak Manoj Biswal

HISTORY “Hero”, is the brand name used by the Munjal brothers in the year 1956 with the flagship company Hero Cycles. The hero honda started in the year 1983 with joint collaboration agreement with honda motor co. ltd. Japan. MISION Hero Honda’s mission is to strive for synergy between technology, systems and human resources, to produce products and services that meet the quality, performance and price aspirations of its customers. VISION the vision of a mobile and an empowered India, powered by Hero HondaAt the same time maintain the highest standards of ethics and social responsibilities.

INTRO….

Cont………

KEY POLICIES ? Environmental policy ? Quality policy ? Safety policy CSR ? Raman munjal vidya mandir ? Raman munjal memorial hospital ? Raman munjal sports complex ? Vocational training centre ? Adult literacy mission ? Marriages of underprivileged girls ? Rural health care

Board Of Directors
? Mr. Brijmohan Lall Munjal-Chairman & Whole-time
? ? ? ?

Director Mr. Pawan Munjal -Managing Director & CEO Mr. Toshiaki Nakagawa -Joint Managing Director Mr. Sumihisa Fukuda -Technical Director Mr. Om Prakash Munjal- Non-executive Director

ACHIVMENTS ? Total sales OF 9,72,095 units, growth of 28.5 per cent in the f.yr 2008-09 ? Major contributor to india GDP ? Total turnover(Net sales & Other Operating income) Rs 3202 crores, growth of 35.6 per cent ? Over 55 per cent share in domestic motorcycle market

Present new bike models SPOTLIGHTS of Hero Honda
New Hero Honda “KARIZMA” coming soon

Operating profit before tax and profit after tax(Rs in Crores)
1600 1400 1200

1000 O.P.B.T(RS IN CRS) 800 P.A.T(RS IN CRS)

600

400

200

0 2004-05 2005-06 2006-07 2007-08 2008-09

Cont….
NET OPERATING PROFIT(RS IN CRS)
1400
1200

1000

800

NET OPERATING PROFIT(RS IN CRS) 600

400

200

0 2004-05 2005-06 2006-07 2007-08 2008-09

SWOT ANALYSIS
Strengths ?Ability to understand customer needs and demands ?Recognized brand name ?Effective advertising capability ?It provides after sales service ?Technology ?Maintenance cost is low ?Resell value is high ?Company’s name is synonymous with fuel-effective bikes & connectivity

INTRO….

Weaknesses ?R&D is not close to the hero manufacturing plant ?Hero is vulnerable in the joint venture because Honda Motor Company has much power ?Brand name of Hero itself has no importance in the automobile industry

Cont………..
Opportunities ? Global Expansion ? Expansion of target market ? Become India's leader in scooter market ? Financial help easily available ? Large market for the high performance segment is increasing with the up liftment of the lifestyle people ? Relatively low rate of interest and the discount prices offered by the leaders and manufacturers for the increasing demand of two-wheeler vehicles

Threats ?Honda motorcycles can go beyond Hero-honda ?Bajaj motors is a strong competitor ?The big giant like Harley-Davidson will introduce soon in Indian market ?Petrol price increases ?Pollution norms ?Aluminum and steel price increases

Finally…………..
Hero Honda is considered to be most fuel-efficient bike on Indian roads. Most of the people are using Hero Honda bikes because of itsquality, mileage, lower maintenance, good resale value, and its brand name. Hero Honda should think about fuel efficiency in case of upper segment bikes. if the company will consider some of its weaknesses to strength then it can be maintain its position in motor bike segment for a longer period of time.

?Questions?

Thank You
“DRIVE SAFE, STAY SAFE”

Anubhav Bhushan
Email- [email protected] [email protected] Mobile No. +91-969 211 4858 Centurion School of Rural Enterprise Management (CSREM)



doc_720032492.ppt
 

Attachments

Back
Top