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Hero MotoCorp to invest Rs 600 cr in Andhra Pradesh

Monday, 12 Feb 2024
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Two-wheeler maker Hero MotoCorp will invest up to Rs 600 crore over two years to set up a Global Parts Center in Tirupati, Andhra Pradesh. 

The upcoming facility will have a capacity of up to 36,700  stock keeping units (SKUs), and will help the company cater to the future growth in the parts, accessories and merchandise (PAM) business as the PAM business crossed annual revenue of Rs 5,000 crore. 

Currently, the company’s Global Parts Center 1.0 is situated at Neemrana in Rajasthan, with a storage capacity of up to 26,000 SKUs. The capacity of this facility is fully utilised. The ramp up of capacity will be in its upper premium models. 

Hero MotoCorp will continue to strengthen its premium portfolio backed by strong brand building and ‘phygital’ customer experience. 

 

 
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