Hero MotoCorp Ltd. has started operations at its first global manufacturing facility at Villa Rica in Colombia. Juan Manuel Santos, President of Colombia and Pawan Munjal, CMD and CEO of Hero MotoCorp Ltd. inaugurated the plant on September 9, 2015.

Completed in a little over nine months since construction began, the Colombia plant is Heros fifth manufacturing facility in addition to four assembly plants in India. This Plant will act as a hub for selling to the Andean countries. It can also be a strategic base for shipping to North American markets such as Mexico and the US

Spread over 17 acres of land at the Parque Sur free trade zone at Villa Rica in the state of Cauca  about 500 km south west of Bogota, the plant will have an initial production capacity of 80,000 units per annum.

This capacity will be expanded to produce 150000 units per annum, in the next phase. The plant has been built at a project cost of US$ 70 million of which US$ 38 million has been utilized in CAPEX and rest will be used as working capital over the next few years.

The new plant will manufacture HMCLs best-selling and globally successful range of motorcycles and scooters. The plant will manufacture ten products from the HMCL portfolio, including the all new scooter Dash which was also unveiled here today as part of its global launch.

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