Published On:October 21 2014
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Hero MotoCorp to pump in Rs. 5,000 cr for expansion.
Hero MotoCorp recently said it will invest Rs. 5,000 crore in plant expansions over the next two-three years.
'We have lined up a total investment of over Rs. 5,000 crore across the globe, including the manufacturing plants in Columbia and Bangladesh, the new plants coming up at Gujarat (Halol) and Andhra Pradesh and the Hero Global Centre for research and design at Kukas in Rajasthan,' Pawan Munjal, Vice-Chairman, Chief Executive Officer and Managing Director, Hero MotoCorp, the country's largest two-wheeler manufacturer, told reporters.
HBL