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Varun - CIA 1a ED
Varun - CIA 1a ED
Varun - CIA 1a ED
ENTREPRENEURSHIP DEVELOPMENT
CLASS: 4BBAH D
Brijmohan Lall Munjal was born on 1st July 1923, Punjab, British India. He and
his brothers started a bicycle parts business. Inspired by this idea, he established
and mopeds in collaboration with Honda; together with Honda, he set up a plant
in Dharuhera, Haryana. In 2011, hero and Honda departed from their joint
venture. Now Hero Motocorp sells popular Indian bikes and scooters, namely
hero splendor+, hero maestro, Xtreme etc. this company is very dominant in the
Bangalore;
The objective of this company is to build an electric scooter that could either
Ather Energy launched two electric scooters— the Ather 340 and 450. Now the
company commands a 12% market share in its home country and can conquer
transport that was not only effective but also affordable by all the classes of
people, hence came the advent of hero Honda now known as Hero motocrop.
Brijmohan and Hero motocorp, apart from the business motive, wanted the
durable and valued for money. This core ideology is a driving force of hero
motocorp to this very day, an ideology that has taken the company to impossible
heights.
With all their motives induced, the company launched The Hero Honda CD 100
model (low emission and high fuel efficiency). And the rest is history.
Ather electric: The inverse correlation of depleting petroleum resources and the
build their scooters/EVs on power with fuel-driven scooters such as Tvs Jupiter
Along with such high claims and workings, Ather wants to make the Indian
market future proof and ready for pollution-free transportation, which is the way
forward.
With the zeal to grow and conqueror, Ather's mission is to build the future of
Entrepreneurial competencies:
and perusing market-based activities that are advantageous for the firm.
Hero Motocorp: Brijmohan Lall Munjal was a true visionary at the time of this
venture. He could foresee the future of Indian mobility when India underwent
talents of Tarun and Swapnil. At the time of the companies establishment, the
petrol prices in India were at their all-time low Rs.63, but this didn't hold them
back; they saw the future of bike mobility in terms of an electric vehicle, and
they also anticipated that the natural resources such as petroleum becoming
scares and making them expensive hence making their concept of e-vehicle, the
key for mobility in the future to come. The sheer anticipation based on data of
outside the comfort zone. This is one of the essential attributes for an individual
Hero Motocorp: Brijmohan was known for such an attribute since he had the
risk-taking capability when India as a nation was at its lowest due to the
manufacturing bikes.
Ather electric: Being IIT students, both Tarun and Swapnil could have landed
any good position if they followed the traditional methods of getting employed.
Still, these two individuals dared to move away and take the less chosen road to
means to power a vehicle competed to take over petroleum, such as CNG, LPG,
hydrogen and electricity. This means intense and fierce competition to develop
and deliver a genuinely effective vehicle and used future technologies; both
Tarun and Swapnil together introduced Ather to enter this fierce competition
Persuasion and influencing ability: Persuasion and influencing are the ability
thinkings.
Hero motocorp: Brijmohan had an influencing factor around him and his
company. He showed cased that the future of mobility moved away from cycles
and expensive bikes to affordable and efficient motorbikes with the launch of
Hero motocorp. Through this as their mission and vision, hero motocorp gained
enough trust and influenced the market so much that they are now the market
people that the same electricity we use to power our home appliances was
enough and powerful to fuel an engine and a motor. They accomplished this
mission and showed the people that the EVs produced by them were as practical
as the petroleum run scooters and proved to the people that EVs were more
cost-efficient and eco-friendly as well. They gave more reasons to the public to
Systematic planning and monitoring: It's the process of breaking down the
mission and vision into tasks that are doable in a said set of times. Monitoring is
Hero motocorp: Brijmohan was the founder and was the chairman of hero
motocorp; this ensured he could monitor the development and progress. This
to support the cause of affordability and efficiency. This slowly helped define
Ather electric: Tarun and Swapnil have an eye for details and steps. This
company was set up in 2013, but their first bike wasn't out till 2016. To launch
their EVs in 2016, they took three years to systematically plan for the whole
course of the company—multiple designs and trials were tried and tested for
launching a bike, defect free. Tarun and Swapnil claim that they were down at
to be successful.
role because before starting up hero motocorp, he and his brothers were selling
didn't join him; hence he only had his self-confidence to back him at the time of
to strike a deal with Honda. He never doubted his vision and ideas, hence
Ather electric: Tarun and Swapnil ignored the road most taken, i.e. being
for this first step to be taken. They needed to believe they would successfully
take over the two-wheeler segment by storm. They needed to believe in their
ability to create and produce what they thought was the future of mobility for
the world. As seen, these two young entrepreneurs had this quality and hence
Anand, S. (2022, January 15). Ather Energy | Indian Electric Vehicle Company |
https://startuptalky.com/ather-success-story/#Ather_Ather-Mission
https://en.wikipedia.org/wiki/Ather_Energy
https://en.wikipedia.org/wiki/Hero_MotoCorp
https://www.heromotosports.com/about/hero-corp
Anand, S. (2022b, January 15). Ather Energy | Indian Electric Vehicle Company |
%7E:text=experience%20in%20India.-,Ather%20%2D%20Mission,never%20been
%20a%20better%20time.
https://sciendo.com/pdf/10.1515/mosr-2019-0012
Brijmohan Lall Munjal: The people’s man who shaped Hero. (2015, June 15).
lall-munjal-the-people-s-man-who-shaped-hero-115061001220_1.html