The Hero MotoCorp, one of the world's largest two-wheeler manufacturers, has been awarded the "Indian MNC of the year" for the rapid global expansion of brand "Hero".
The award given out by the All India Management Association (AIMA) was handed over to the MD and CEO of the Hero MotoCorp, Pawan Munjal.
According to Munjal, Hero has expanded to 35 countries spread across Asia, Africa and Central and South America since its inception in 2011.
"We added Argentina, the second largest two-wheeler market in Latin America, to our international footprint in January this year, where we also unveiled the new Glamour motorcycle in our first global product launch," Munjal said.
Hero bagged the Award at a time when the Company sold more than 6.6 million two-wheelers in FY17.Bureaucracy Today
Its manufacturing plant is situated at Vila Ricca in Colombia.
Furthermore, the Comapnay is gearing to open its second global manufacturing facility in Bangladesh later this year.