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Hero MotoCorp to set up manufacturing plant in Mexico, Argentina, Brazil

10 Sep 2015 Evaluate

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.

Peers
Company Name CMP
Bajaj Auto 10417.00
TVS Motor Company 4093.00
Hero MotoCorp 5230.00
Eicher Motors 7280.00
OLA Electric Mobilit 35.01
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