Hero MotoCorp is planning to set up manufacturing plant in Mexico, Argentina and Brazil as part of its global expansion drive. Moreover, the company is expecting to utilise the new Colombian facility as a hub to export to nearby countries.
Further, the company’s global manufacturing facility at Villa Rica in Colombia, entailing a project investment of $70 million, became operational this week. Following the commencement of operations at Colombia plant, the company has become the first Indian two-wheeler manufacturer to set-up a manufacturing unit in Latin America.
