Hero MotoCorp to invest ₹3,200 cr in Andhra Pradesh
Hero MotoCorp announced a ₹3,200 cr investment in Andhra Pradesh over 3-5 years to expand operations, including a ₹750 cr global parts centre in Tirupati. This follows earlier investments of ₹1,600 cr since 2018, indicating strong regional commitment.
pre-market1 source ↓written by the desknot a recommendation
- in Andhra Pradesh
- ₹3,200 cr
- to expand operations
- 3-5 years
- investment
- ₹750 cr
- since 2018
- ₹1,600 cr
Hero MotoCorp plans to invest ₹3,200 cr in Andhra Pradesh over the next 3-5 years to expand operations. This includes a ₹750 cr investment for a new global parts centre at Tirupati, enhancing production capacity and accessory supply for global markets.
This expansion reflects the company’s commitment to growth in the region, following previous investments of ₹1,600 cr since 2018, despite delays due to the pandemic.
Not investment advice. For informational purposes only.