Hero MotoCorp to invest Rs 3,200 crore in Andhra Pradesh, doubling Tirupati capacity
Hero MotoCorp plans Rs 3,200 crore across 3-5 years in Andhra Pradesh, including Rs 750 crore for a second Global Parts Centre (GPC 2.0) at Tirupati and a capacity ramp from 6 lakh to 12-15 lakh units. The move adds ~4,000 jobs and pushes Hero deeper into higher-margin accessories and merchandising.
Hero MotoCorp will invest Rs 3,200 crore in Andhra Pradesh over 3-5 years, including a second Global Parts Centre at Tirupati and doubling capacity, while expanding into higher-margin accessories and merchandising businesses.