Hero MotoCorp Announces Rs 3,200+ Crore Investment in Andhra Pradesh, Breaks Ground for Global Parts Centre
Hero MotoCorp has announced a cumulative investment of over Rs 3,200 crore in Andhra Pradesh, beginning with the foundation stone laying for its second Global Parts Centre in Tirupati.
- Rs 3,200+ crore
- Rs 750+ crore
- 4,000
What Happened
Hero MotoCorp, the world's largest motorcycle and scooter manufacturer, has announced a cumulative investment of over Rs 3,200 crore in Andhra Pradesh. The first milestone is the foundation stone laying for its second Global Parts Centre in Tirupati, with an investment of over Rs 750 crore. The facility is expected to boost the company's global supply chain and transform Tirupati into a manufacturing and electric mobility hub.
“Hero MotoCorp has been a valued partner in Andhra Pradesh's growth journey... This landmark investment will create new opportunities for our youth, strengthen the industrial economy of Rayalaseema, and further establish Tirupati as one of India's leading manufacturing, mobility and logistics hubs.”
“The foundation stone of our second Global Parts Centre in Tirupati marks an important milestone in our journey and reflects our deep confidence in India’s future and Andhra Pradesh’s vision for growth... This investment will enhance our global supply chain, support our expansion across markets, and reaffirm our commitment to 'Made in India, for India and the World.'”
- Investment of over Rs 3,200 crore in Andhra Pradesh
- Second Global Parts Centre in Tirupati with Rs 750 crore investment
- Expected to create around 4,000 employment opportunities
- Annual production capacity to scale to 1.2–1.5 million units
- Scholarship program for technical education students
- Deployment of VIDA electric scooters for women police personnel
Why this matters
This investment will create around 4,000 jobs and enhance India's manufacturing and electric mobility hub, strengthening the local economy and global supply chain.
Terms in This Story
- Global Parts Centre (GPC)
- A centralized logistics facility for managing and distributing spare parts.
- VIDA
- Hero MotoCorp's brand of electric scooters.
Summarised from the linked release; details can be imperfect — always verify against the original source.