Hero Honda started in 1984 as a joint venture between Hero Cycles (sometimes called Hero Group, not to be confused with the Hero Group food company of Switzerland) of India and Honda of Japan. In 2010, when Honda decided to move out of the joint venture, Hero Group bought the shares held by Honda.HYPERLINK \l "cite_note-9"Subsequently, in August 2011 the company was renamed Hero MotoCorp with a new corporate identity. The company is the largest two wheeler manufacturer in India. In India, it has a market share of about 46% share in 2-wheeler category.
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