Andhra Pradesh Chief Minister N. Chandrababu Naidu will lay the foundation stone for Hero Motors' Global Parts Centre (GPC) at Madanapalem in Satyavedu Mandal of Tirupati district on July 1.
The facility, being developed with an investment of ₹750 crore by Hero Motors, is expected to create employment for nearly 4,000 people.
The upcoming Global Parts Centre will manufacture components for motorcycles, scooters and electric vehicles catering to both domestic and international markets.
Hero Motors already operates a two-wheeler manufacturing plant near Sri City with an annual production capacity of 1.5 million vehicles. The new facility is expected to strengthen the company's manufacturing capabilities and expand its component production footprint.
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