The world's top 18 golfers, including 14-time major champion Woods, will participate in the tournament with a total prize purse of USD 3.5 million.
Other marquee players who have confirmed participation in the tournament include Billy Horschel, Bubba Watson, Chris Kirk, Graeme McDowell, Henrik Stenson, Hideki Matsuyama, Hunter Mahan, Jim Furyk, Justin Rose, Jason Day, Jordan Spieth, Jimmy Walker, Keegan Bradley, Matt Kuchar, Rickie Fowler, Steve Stricker and defending champion Zach Johnson.
Pawan Munjal, Vice Chairman & Chief Executive Officer, Hero MotoCorp Ltd, said, "This title sponsorship of the Hero World Challenge is reflective of Brand Hero's rapidly expanding global footprint. We are eagerly looking forward to the Hero World Challenge as Tiger will be making his comeback to competitive golf after a long injury lay-off.
"Having been associated with the game in India for over two decades, and being the title sponsor of the Hero Indian Open for both men and women for several years, it is only befitting that we should be stepping on to the global arena of golf with the Hero World Challenge. This is just the beginning. Going forward, we will certainly look at further cementing this relationship."
The Hero World Challenge will continue to raise funds and awareness for the college-access programs of the Tiger Woods Foundation and will also benefit the Tavistock Foundation.
At the invitation of Munjal, Tiger Woods came to India on his maiden visit in February this year.