For over three decades, our popular two-wheelers have been synonymous with the progress of the country. Providing wheels to the aspirations of millions, we have led the way in creating economic value for millions of stakeholders and have created a positive impact on the communities in which we operate.
Our overarching strategy is to deliver efficient and accessible mobility solutions to the present and future generations through innovation and inclusiveness. We continue to set global benchmarks through our scale of operations and products.
FY20 was a challenging year for the global automotive industry. In a sluggish market scenario, at Hero MotoCorp, we were successful in solidifying our presence in the premium motorcycle segment, strengthening the brand core and leading the industry’s transition to BSVI emission norms. We ended the year with a standout showcase of our innovation prowess, technology capabilities and future roadmap at the one-of-its-kind Hero World 2020 event.
Over the next 5-7 years, we are aiming to create the next generation of mobility solutions that are relevant to customers across the world.
DR. PAWAN MUNJAL
Chairman, Hero MotoCorp Ltd.
While the COVID-19 pandemic shook the world, we successfully navigated through the uncertain times with focus on safety and well-being of everyone yet ensuring business continuity. We stayed connected with our customers, business partners, employees, communities, and all other stakeholders to help them cope with the situation and eventually evolve with a comprehensive re-start roadmap. As a debt-free company with strong liquidity, we managed to support everyone within our ecosystem.
We believe, the fundamental attributes of business operations – sustainability and leadership – have attained more relevance than ever before. This report articulates multiple facets of leadership that we think are indispensable in these times. We are geared to play our part in the new world order with more adaptability, agility and optimism.