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 is set to invest Rs 3,200 crore in Andhra Pradesh over the next three to five years, significantly expanding its operations. This includes a new global parts centre at Tirupati, costing Rs 750 crore, and a substantial increase in production capacity at its existing facility. The move aims to bolster the company's global supply chain and enhance its accessories business, transforming Tirupati into a key manufacturing hub.