Hero MotoCorp plans ₹3,200 crore Andhra Pradesh expansion with Tirupati EV hub
Hero MotoCorp will invest ₹3,200 crore in Andhra Pradesh over 3-5 years, anchored by a ₹750 crore second Global Parts Centre in Tirupati and expanded EV capacity of 1.2-1.5 million units. The move is set to create around 4,000 jobs as the two-wheeler major deepens its electric push.
Hero MotoCorp unveils ₹3,200 crore Andhra Pradesh investment over 3-5 years, laying foundation for a ₹750 crore second Global Parts Centre in Tirupati and expanding EV production capacity to 1.2-1.5 million units, creating ~4,000 jobs.