Hero MotoCorp bets Rs 3,200 cr to double Tirupati capacity on commuter bike rebound
Hero MotoCorp plans a Rs 3,200 crore investment in Andhra Pradesh to more than double its Tirupati plant capacity to 1.2-1.5 million units over 3-5 years, citing a rebound in commuter bike demand. The company is also scaling premium (Harley-Davidson) and EV bets via VIDA and Ather.
Hero MotoCorp plans Rs 3,200 crore investment in Andhra Pradesh to more than double Tirupati capacity to 1.2-1.5M units, citing rebound in commuter bike demand. Also expanding premium Harley-Davidson tie-up and EV plays via VIDA and Ather.