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Honda a Japan based company wanted to extend its buisness globally and saw a large market in indian territory. it cant directly come into the indian market because of certain govt. policies. so it was looking for a company in India. hero, a bicycle manufacturing company also want to expand its buisness to next level, and looking for new technology and financial support. so hero gave visa to honda to come in the country and expand its buiness with this merger. so the merger happened between both of them.
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∙ 10y ago
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Who is founder of hero Honda?
Brijmohan Lal Munjal is the chairman and founder of the hero-honda motors ltd.Hero Honda is a joint venture between the Hero Group of India and Honda of Japan.
What are the reasons for demerging of hero Honda company take place?
as honda company has strongly established its individual business and is very successful it so it does not want to be with hero group
What is difference between Honda and Hero Honda?
Hero Motocorp, formerly Hero Honda, was a partnership between Hero Cycles and Honda. When that partnership ended and Hero bought Honda's shares, they were then renamed Hero Motocorp.
Which bike is better hero Honda glamour or Honda shine?
hero honda glamour
Hero Honda extreme Honda cbf stunner in which best?
obviously hero honda extreme
When was Hero Honda Split created?
Hero Honda Split was created in 1983.
Are Honda and hero Honda same?
Hell no..Hero Honda is Indian(they are using Japanese tech.) but Honda is originally Japanese..but now India also making Honda Brand named bikes,after Hero and Honda companies split up..
What is the plc stages of hero Honda?
proper plc report of hero Honda with graph
Importance of recession in hero Honda?
Recession has not effected HERO HONDA, its sale is increasing continuously
What are hero Honda quads like?
Can Honda hero 500cc quads 2wd pull trees
What are the names of scooters?
Bajaaj, Hero Honda streak, Wego, Honda Activa, hero Honda scooty pept, and much more...
What is best Honda dio or hero Honda pleasure?
Honda dio
