Hero Honda Motors today signed on as co-sponsor for the Indian Premier League (IPL) scheduled to start from April 16, 2008.Hero Honda has become the first co-sponsor to come on board.Real estate major DLF has the title sponsorship rights for IPL for an amount of Rs 200 crore across five years (Rs 40 crore annually).Pawan Munjal, managing director, Hero Honda Motors, said: "We are delighted to co-sponsor the Indian Premier League, which further strengthens our close to two decade long association with cricket."