Hero Motors Limited is a leading Indian manufacturer of powertrain systems and precision alloy components, supplying cutting-edge automotive solutions to top OEMs across Asia, Europe, and North America. As a key company within the Hero Motors Company (HMC) group, it combines world-class engineering, cost-efficient manufacturing, and robust quality systems to deliver high-performance components for two-wheelers, passenger vehicles, and electric mobility platforms.
Operating on a pure B2B model, Hero Motors specializes in the design, development, and large-scale production of advanced transmission systems, forged and machined powertrain parts, and alloy components through its dedicated Powertrain Solutions and Alloys & Metallics divisions. With strong in-house R&D, design engineering, and testing capabilities, the company co-creates customized solutions with OEM clients, ensuring reliability, durability, and superior lifecycle performance.
Backed by state-of-the-art manufacturing facilities and strict quality assurance processes, Hero Motors offers end-to-end services that span concept design, engineering, prototyping, volume manufacturing, and aftermarket technical support. Its integrated supply chain and strategically located plants enable efficient delivery to global automotive hubs, making it a trusted partner for manufacturers seeking both technology depth and cost competitiveness.
In March 2025, Hero Motors further strengthened its technology and forging capabilities through a strategic joint venture with German company SchmiedeTechnik Plettenberg (STP). The JV, based at Hero Industrial Park, Ludhiana, focuses on manufacturing high-precision forged powertrain components in India, combining German engineering expertise with Indian manufacturing scale to serve global markets.
On the capital markets front, Hero Motors filed a ₹900 crore IPO (₹500 crore fresh issue + ₹400 crore OFS) via DRHP in August 2024, but subsequently withdrew the draft in October 2024 following SEBI observations, opting to enhance disclosures and compliance before any future listing move. As of now, Hero Motors Limited remains unlisted, and investors tracking the Hero Motors IPO theme continue to watch for the company’s next steps towards public markets.
This positioning makes Hero Motors Limited a key name in India’s automotive components and EV powertrain ecosystem, with strong long-term relevance for both strategic OEM partners and potential future public market investors.
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