![]() Differences ranged from Honda's refusal to fully and freely share technology with Hero, despite a 10-year technology tie-up that expires in 2014, even when Indian partner was paying high royalty to the Japanese company. But the rising differences between the two partners over a number of issues gradually led to the Split of Joint Venture. The 2006 Forbes 200 Most Respected companies list has Hero Honda Motors ranked at 108. The company was the largest two wheeler manufacturer in India. ![]() The technology in the bikes of Hero Honda for almost 26 years (1984 – 2010) had come from the Japanese counterpart Honda. During the 1980s, the company introduced motorcycles that were popular in India for their fuel economy and low cost. Munjal family and Honda group both own 26% stake in the Company. ![]() A case study of Hero & Honda in India.ĪBSTRACT: A joint venture between the Hero Group and Honda Motor Company was established in 1984 as the Hero Honda Motors Limited at Dharuhera India.
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