Hero MotoCorp commits ₹3,200 crore to second parts plant, EV hub in Tirupati
Hero MotoCorp laid the foundation for a second Global Parts Centre in Tirupati as part of a ₹3,200-crore roadmap to build a manufacturing and EV mobility hub. The plan lifts capacity to 1.2-1.5 million units and is expected to create around 4,000 jobs.
Hero MotoCorp laid the foundation for a second Global Parts Centre in Tirupati, part of a ₹3,200-crore roadmap to build a manufacturing and EV mobility hub, lifting capacity to 1.2-1.5 million units and creating ~4,000 jobs.
Why this matters
The Tirupati foundation formalizes Hero MotoCorp's earlier-announced ₹3,200-crore Andhra Pradesh plan to double capacity and add a second Global Parts Centre, even as June dispatches slipped 2.3% amid softer domestic demand.
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