Hero MotoCorp has informed that the company has commenced commercial production at its new greenfield manufacturing facility, situated at Chittoor in the southern Indian state of Andhra Pradesh on 19.03.2020. This facility is the Company’s eighth manufacturing plant and sixth in India. The plant will create direct and indirect employment opportunities in the region. It will also expand the footprint of the Company's manufacturing plants across the country. Built on Green Building concepts, the plant incorporates roads built from plastic waste, dense forest cover, organic farming and a 10 MW Solar Power Plant that will be fully operational in the final phase. Further, the Company has filed an interlocutory application today before the Hon’ble Supreme Court of India seeking relaxation of the deadline set for sale or registration of BS-IV vehicles on 31.03.2020. In view of the completely unforeseen developments that have arisen out of the prevailing force majeure situation on account of COVID-19, it has prayed for an extension of time for a period of three months, as this has hampered all aspects of our industry. The Ministry of Finance has also declared that the COVID-19 should be considered as a case of natural calamity and force majeure be invoked.
The above information is a part of company’s filings submitted to BSE.
