It is almost ironical that on one hand the Munjal family, with Hero MotoCorp, is the largest two-wheeler manufacturer in the world and on the other it wants to be the biggest player in the renewable energy market in the country.
Incorporated in October 2012, the Hero Group’s Future Energies (HFE) – spear led by the third generation of the Munjal family – is generating and distributing renewable sources of energy, thus creating an alternative for the harmful fossil fuel economy.
“We are exploring options in other parts of the world, we intend to globally grow both in solar and wind. Our expansion plans in storage space are also shaping up satisfactorily,” says Rahul, who was the recipient of the Renewable Energy Leader and Entrepreneur of the Year-2015 by World CSR Congress. “The growing competition in the sector is not a limiting factor but rather a growing opportunity for sectoral growth,” he adds.
Full Story at: https://economictimes.indiatimes.com/small-biz/startups/the-worlds-largest-two-wheeler-manufacturer-is-prepping-for-a-new-ride-in-renewable-energy-space-hero-future-energies/articleshow/60253648.cms