Hero MotoCorp to invest ₹3,200 crore in Andhra Pradesh, expand Tirupati EV and parts hub

Hero Moto to invest 3,200 crore in Andhra Pradesh

Hero MotoCorp is injecting Rs 3,200 crore into Andhra Pradesh over the next three to five years. This significant investment will bolster manufacturing, enhance its global supply chain, and expand into new business areas. A key part includes a new Global Parts Centre at Tirupati, alongside a doubling of production capacity, creating approximately 4,000 jobs and reinforcing the company's commitment to the region.

3 hours ago

Hero MotoCorp plans ₹3,200 crore Andhra expansion, eyes Tirupati EV hub

The two-wheeler maker will invest Rs 3,200 crore in Andhra Pradesh over the next three to five years, with Tirupati emerging as a key manufacturing, electric mobility and parts hub

10 hours ago

Hero MotoCorp Commits Over ₹3,200 Crore In Andhra Pradesh, Breaks Ground For Tirupati Parts Centre

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 DetailsThe 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 ExpansionHero 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 CreationThis 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 InitiativesIn 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 ProgrammeAdditionally, 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.

11 hours ago