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What is the story about?
Hero MotoCorp has laid the Foundation Stone for its second Global Parts Centre (GPC) in Tirupati in Andhra Pradesh. The world’s largest manufacturer of motorcycles and scooters indicated that the facility will represent an investment of over ₹750 crores, which will serve as the foundation of an investment roadmap of over ₹3,200 crores.
The company said that its investment aims to transform Tirupati into a manufacturing and electric mobility hub while strengthening its global supply chain along with India’s position in the automotive and EV ecosystem.
The upcoming Global Parts Centre aims to serve as a strategic nerve centre for Hero MotoCorp’s domestic and international spare parts operations. The company has said that 100% of its electric vehicle portfolio is entirely designed, engineered, and manufactured in the Tirupati plant.
With this investment, the plant’s annual production capacity is expected to scale up to 1.2 to 1.5 million units. The expansion is expected to generate around 4,000 jobs.
With a global footprint spanning 52 countries and a customer base of over 130 million, Hero MotoCorp operates eight manufacturing facilities: six in India and one each in Colombia and Bangladesh - along with two Research and Development centres: Centre for Innovation and Technology (CIT) in India and Tech Centre Germany (TCG).
The company has an electric mobility subsidiary VIDA, and strategic alliances with Harley-Davidson and Zero Motorcycles to support the design and development of premium and electric motorcycles, respectively. It has also made strategic investments in two-wheeler and three-wheeler EV manufacturers, Ather Energy and Euler Motors.
Also Read: Coal India wins ₹2,831 crore solar project; June e-auction allocation rate at 41%
The company said that its investment aims to transform Tirupati into a manufacturing and electric mobility hub while strengthening its global supply chain along with India’s position in the automotive and EV ecosystem.
The upcoming Global Parts Centre aims to serve as a strategic nerve centre for Hero MotoCorp’s domestic and international spare parts operations. The company has said that 100% of its electric vehicle portfolio is entirely designed, engineered, and manufactured in the Tirupati plant.
With this investment, the plant’s annual production capacity is expected to scale up to 1.2 to 1.5 million units. The expansion is expected to generate around 4,000 jobs.
With a global footprint spanning 52 countries and a customer base of over 130 million, Hero MotoCorp operates eight manufacturing facilities: six in India and one each in Colombia and Bangladesh - along with two Research and Development centres: Centre for Innovation and Technology (CIT) in India and Tech Centre Germany (TCG).
The company has an electric mobility subsidiary VIDA, and strategic alliances with Harley-Davidson and Zero Motorcycles to support the design and development of premium and electric motorcycles, respectively. It has also made strategic investments in two-wheeler and three-wheeler EV manufacturers, Ather Energy and Euler Motors.
Also Read: Coal India wins ₹2,831 crore solar project; June e-auction allocation rate at 41%
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