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The Economic Times
The Economic Times

Hero MotoCorp to invest Rs 3,200 cr in 3-5 years in Andhra Pradesh on capacity expansion, new global parts centre

Hero MotoCorp Pawan Munjal Andhra Pradesh Tirupati GPC Harley Davidson Supply chain

New Delhi: Two-wheeler market leader Hero MotoCorp will invest Rs 3,200 crore in Andhra Pradesh in the next three to five years to expand its operations in the state, including setting up a global parts centre and hiking production capacity at its Tirupati facility, according to its Executive Chairman Pawan Munjal.

The company is setting up its second global parts centre (GPC 2.0) at Tirupati at an investment of Rs 750 crore that will also help in enhancing its accessories and merchandise business besides augmenting supplies of parts in other global markets, Munjal said in a select media interaction.

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