Hero MotoCorp has received approval for investment of upto Rs 600 crore (approximate), over a period of two years, for setting up a Global Parts Center (GPC) 2.0 with a storage capacity of upto 36,700 Stock Keeping Units (SKUs), at Tirupati, Andhra Pradesh, in order to cater to the future growth in the Parts, Accessories and Merchandise business. The proposed capacity is expected to be added by FY27. The Board of Directors of the company at its meeting held on February 09, 2024, has considered and approved the same.
Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.