Highway Cycle Industries Limited was established to manufacture high quality freewheels to meet the growing production demands of Hero Cycles Limited.

Initially the Company manufactured single-speed freewheels but in 1978, it began the production of multi-speed freewheels essentially to cater to the demands of foreign buyers.

Producing about 30,000 freewheels per day, the Company is a leader in its sphere and meets the strict quality specifications of markets in Italy, Germany, France and buyers in South America.

Presently, the Company exports 100 percent of its multi-speed and 30 percent of its single-speed freewheels.

The Company did not restrict its technical expertise to a single function and today also designs and manufactures special purpose machines for all the companies in the Hero Group.