Hero MotoCorp, country’s largest two-wheeler maker, has reportedly decided to invest Rs 3,000 crore to set up a new manufacturing facility in Andhra Pradesh. The plant will have a capacity of 1.8 million units. For the new facility, the state government has allocated around 600 acres at Tada in Chittoor district, close to Chennai. Chief Minister Chandrababu Naidu will be unveiling the foundation stone next month. Meanwhile, the company is planning to set up two more facilities, at Neemrana in Rajasthan and Halol in Gujarat.
Hero Motocorp, formerly Hero Honda, is an Indian motorcycle and scooter manufacturer based in New Delhi, India. It sells products under the brand names such as Karizma ZMR, Splender, Xteme, Hunk, Impulse, Achiever, Ignitor, Glamour, Passion Pro, Maestro and Pleasure etc.
