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| Munjal family lighting the lamp during 63rd Founders Day celebration by Hero cycles |
Ludhiana, August 26, 2019 (Akash Sharma): From a small component manufacturing firm to a global force in the bicycle industry, Hero Cycles has traversed a long and inspirational path while also playing a defining role in shaping India’s bicycle industry! As the company completes 63 years, the Hero Cycles’ family celebrated its Founders Day today and paid rich tributes to the vision of Shri O.P. Munjal, the man who laid its foundation.
The 63rd Founders Day was celebrated at Hero Cycles’ Ludhiana plant with much grandeur and nostalgia as the entire Munjal family gathered together. Hero Cycles’ entire workforce led by Mr. Pankaj M Munjal, Chairman and Managing Director, HMC, a Hero Motors Company was present at the event.
The attendees garlanded the picture of Shri O.P. Munjal as they fondly remembered his immense contribution to making Hero Cycles a force to reckon with in the bicycle industry.
“Hero Cycles was a venture that was started with meager resources. However, the vision and sagaciousness behind the initiative was incomparable. When Shri O.P. Munjal started the venture, his vision was to create an indigenously built, inexpensive yet effective mode of transport for the country. Over the years, Hero Cycles has grown leaps and bounds to become a globally recognized company. We are proud of the fact that the company has successfully translated its founder’s vision into reality,” said Mr. Pankaj M Munjal, Chairman and Managing Director, HMC, a Hero Motors Company.
Shri O.P. Munjal started a bicycle component manufacturing company in post independence India which grew to become the world’s largest bicycle manufacturer during his lifetime. Today, Hero Cycles boasts of an impressive global presence, with a Global Design Centre in the UK and significant exports to Europe, Middle East, Asia and Africa.