Strategic Initiative Overview

Hero MotoCorp announced a comprehensive investment roadmap totaling over Rs 3,200 crores in Andhra Pradesh, with the foundation stone laying ceremony for its second Global Parts Centre (GPC) in Tirupati representing the initial phase of this expansion.

Investment Details and Capacity Expansion

The Tirupati Global Parts Centre involves an investment of over Rs 750 crores and will serve as a strategic nerve center for the company's domestic and international spare parts operations. The investment will transform Tirupati into a world-class manufacturing and electric mobility hub, with the plant's annual production capacity expected to scale aggressively to 1.2–1.5 million units. The company confirmed that 100% of its electric vehicle portfolio is entirely designed, engineered and manufactured at the Tirupati plant.

Employment and Economic Impact

The expansion is expected to generate approximately 4,000 employment opportunities, aligning with both the national vision of Viksit Bharat 2047 and the Government of Andhra Pradesh's SwarnAndhra vision. Beyond direct employment, the Global Parts Centre will act as an economic catalyst to deliver sustained benefits in the region.

Community Empowerment Initiatives

Hero MotoCorp launched two community initiatives in partnership with the Government of Andhra Pradesh:

  • The "Dr. Brijmohan Lall Munjal Heroes of Tomorrow Scholarship" program will provide full tuition coverage for meritorious students pursuing engineering degrees at state IIITs across 28 districts
  • Deployment of VIDA electric scooters and specialized road safety training to women police personnel across Tirupati district to foster empowerment through sustainable mobility

Management Commentary

Shri N. Chandrababu Naidu, Hon'ble Chief Minister of Andhra Pradesh, emphasized that Hero MotoCorp's presence has generated thousands of jobs, strengthened local supply chains, enhanced skills, and accelerated economic growth across Rayalaseema and Andhra Pradesh.

Dr. Pawan Munjal, Executive Chairman of Hero MotoCorp, stated that the investment reflects the company's deep confidence in India's future and Andhra Pradesh's vision for growth, and will enhance global supply chain capabilities while supporting expansion across markets. The announcement was made on the 103rd birth anniversary of the company's Founder and Chairman Emeritus, Dr. Brijmohan Lall Munjal.

Company Background

Hero MotoCorp, headquartered in New Delhi, is the world's largest manufacturer of motorcycles and scooters for 25 consecutive years with approximately $5 billion revenue. The company operates eight manufacturing facilities globally (six in India, one in Colombia, one in Bangladesh) and two R&D centers in India and Germany. The company is driving electric mobility transition through VIDA and has strategic alliances with Harley-Davidson and Zero Motorcycles, along with strategic investments in Ather Energy and Euler Motors.