At the first time, Atlas Bangladesh assembled Hero motorcycle for Bangladesh and after that Hero MotoCorp signed an agreement with Nitol Niloy group in Bangladesh 2014. Now Nitol Niloy Group is the joint venture and distributor in Bangladesh. Here we make a list of Hero motorcycle which is available in Bangladesh.

HERO MOTORCYCLES PRICE & SPECIFICATION

Hero is another motorbike giant of India it is the top motorbike seller in India. It is a largest two-wheeler company in world wide. Hero Honda started its journey in 1984 as a join venture company. Indian Hero cycles and Japanese Honda started this join venture company. At 2006 Forbes magazine listed world most respected company and Hero Honda ranked there 108. In the March 2013 the market capitalization was 4.3 billion USD. In 2010 Honda decided to move out of the joint venture the Hero Group were bought all shares.

“Hero” name is came from the Munjal brothers for their flagship company Hero Cycle. Hero cycle was a joint venture of Hero Group and Hero motorcycle ltd at Dharuhera, India is owned by the Munjal family. In 1980 this company produce motorcycle in low cost and those motorcycle were very popular in India because of fuel efficiency and low cost. They had very popular advertising which also caught peoples minds, it was Fill it… Shut it…. Forget it. It totally about this brand motorbike fuel efficiency. It was the second-largest motorbike manufacturing company in the world in 2001.

When Honda move out of the joint venture, then Hero bought the rest of the share and they also handling this full company. In 2013 this motorbike company sold 7 crore unit of its bike which was broke all the record. Its most popular bike is Hero Honda Splendor which sells over 1 million units per year.

Hero Honda always produced the best motorcycle and now Hero is also holding it. This biggest giant also gives bikers fashionable, low cost, fuel efficiency bike and it also a trusted brand. Here in Bangladesh Hero has a big market and huge fan. They always sell standard bike and earn bikers trust. It has 13% market share in Bangladesh. Its Hero Hunk is also a flagship motorbike in Bangladesh and they young bikers are also buying this. Hero Hunk is also made a big market here. As a low range flagship Hunk caught bikers heart and its eye catchy look and great performance is another cause of its popularity.

Nitol Niloy Group is also with Hero in a joint venture in Bangladesh. Their main concern is to assemble and manufacturing Hero motorcycle in Bangladesh. They initially invested USD 40 million and they also grew up together. Hero MotoCorp owned 55 percent venture and Nitol Niloy group holding 45 percent venture. Nitol Niloy is already well-known industry in Bangladesh and they also have Vehicle business.

As a trusted motorbike company Hero is famous and popular in India and Bangladesh. Their best-quality motor also earns biker trust. This motorcycle giant also rising its business in Bangladesh.