Hero Motocorp ltd. is the world's largest manufacturer of motorcycles and scooters. It was founded in 1984 as a joint venture between Hero Cycles of India and Honda of Japan. In 2011, Hero Motocorp was formed after Hero Group acquired Honda's stake in the joint venture. Hero Motocorp manufactures motorcycles up to 350cc and offers over 20 products. It has a strong distribution network across India and aims to expand globally in key markets in Asia, Africa, and South America. Hero Motocorp reported increasing sales, profits, and earnings per share from 2014-2017.