Hero MotoCorp Commits Over ₹3,200 Crore In Andhra Pradesh, Breaks Ground For Tirupati Parts Centre
· Free Press Journal
Mumbai: Hero MotoCorp announced on Wednesday a cumulative investment of over Rs 3,200 crore in Andhra Pradesh, with more than Rs 750 crore specifically allocated to establish its second Global Parts Centre (GPC) in Tirupati. The company held the foundation stone laying ceremony for the new facility on July 1, 2026.
Global Parts Centre Details
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The new GPC in Tirupati will serve Hero MotoCorp’s domestic and international spare parts operations. This facility is part of a larger investment roadmap by the company in the state.
Hero MotoCorp Plans ₹1,500 Crore Capex For FY27, Company Aims To Double Scooter Production CapacityManufacturing Hub Expansion
Hero MotoCorp aims to transform Tirupati into a manufacturing and electric mobility hub. The Tirupati plant, which currently designs and manufactures the company's electric vehicle portfolio, expects to aggressively scale its annual production capacity to 1.2-1.5 million units.
Job Creation
This expansion is expected to generate approximately 4,000 employment opportunities. The company stated this aligns with the national vision of Viksit Bharat 2047 and the Government of Andhra Pradesh’s SwarnAndhra vision.
Hero MotoCorp Q3 Profit Jumps 12% YoY To ₹1,349 Crore, Revenue Soars To ₹12,328 CroreCommunity Initiatives
In partnership with the Government of Andhra Pradesh, Hero MotoCorp launched two community programmes. The "Dr. Brijmohan Lall Munjal Heroes of Tomorrow Scholarship" will provide full tuition coverage for meritorious engineering students in state IIITs across 28 districts.
Women Empowerment Programme
Additionally, the company will deploy VIDA electric scooters and offer specialised road safety training to women police personnel in Tirupati district. This initiative aims to foster empowerment through sustainable mobility.
Disclaimer: This story is based on company exchange filings and is for informational purposes only. Investors should evaluate risks before making decisions.