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Hero Motocorp starts work on its 8th plant

By Niranjan Mudholkar,

Added 24 March 2018

To make strategic investment of Rs.1600 crore in the new facility in Sri City, Andhra Pradesh

The combined installed production capacity of the Company is currently 9.2 million units per annum, which is highest in the country. With the additional capacity of this plant, Hero MotoCorp's combined annual production capacity will reach 11 million units. This is in continuation with the Company's strategic initiative of building world-class infrastructure in order to meet future market demand and consolidate its leadership. With the highest production capacity and highest customer touch-points, over 6500, in the country, Hero MotoCorp is on course to meet the growing demand for its products in the next few years.

"Riding on the power of its inherent resilience, modern technology and innovation, Hero MotoCorp has been expanding its global footprint across continents with new markets and state-of-the-art manufacturing facilities. With the commencement of construction of our new manufacturing plant at Chittoor in Andhra Pradesh, we are bringing the same global benchmark of sustainable eco-friendly green manufacturing to the state," said Pawan Munjal, Chairman, Managing Director and CEO, Hero MotoCorp.

"I am personally very glad that Hero MotoCorp - the world's largest two-wheeler company is setting-up a manufacturing facility in our state - the Company's first such manufacturing unit in southern India. People of our state are going to benefit immensely from this venture, as Hero will bring world-class manufacturing practices, new modern technology and global systems and processes in Andhra Pradesh. This yet again establishes Andhra Pradesh as the preferred investment destination in the country for large corporates," N. Chandrababu Naidu, Honorable Chief Minister of Andhra Pradesh.

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