Hero MotoCorp to invest USD 463m in 2 new plants
Hero MotoCorp, India's biggest two-wheeler manufacturer, will spend Rs 2,575 crore on two new factories to be operational by the second quarter of the next financial year, the automaker's managing director said.
June 04, 2012 / 19:20 IST
Hero MotoCorp, India's biggest two-wheeler manufacturer, will spend Rs 2,575 crore on two new factories to be operational by the second quarter of the next financial year, the automaker's managing director said.
The two new plants will take the company's total capacity to above 9 million vehicles from 7 million currently, Pawan Munjal said. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
