The investment is aimed at transforming Tirupati into a world-class manufacturing and electric mobility hub, while strengthening Hero MotoCorp’s global supply chain and reinforcing India’s position in the automotive and EV ecosystem, the company said in a statement.
It also serves as the foundation of an expansive over Rs 3,200 crore plus investment roadmap in Andhra Pradesh, it added.
The upcoming Global Parts Centre will serve as a strategic nerve centre for Hero MotoCorp’s domestic and international spare parts operations, the company said.
100 per cent of our electric vehicle portfolio is entirely designed, engineered and manufactured in the Tirupati plant. With this investment, the plant’s annual production capacity is expected to scale aggressively to 1.2–1.5 million units, further strengthening Tirupati’s position as one of India’s premier manufacturing hubs for future mobility, Hero Moto said.
The expansion is expected to generate around 4,000 employment opportunities, it added.
“Hero MotoCorp has been a valued partner in Andhra Pradesh’s growth journey, and particularly in the transformation of Rayalaseema. Its decision to establish the Global Parts Centre in Tirupati is a strong endorsement of our state’s progressive policies, world-class infrastructure, investor friendly ecosystem, and our commitment to the Speed of Doing Business,” N. Chandrababu Naidu, Chief Minister, Andhra Pradesh,said.
Over the years, Hero MotoCorp’s presence has generated thousands of jobs, strengthened local supply chains, enhanced skills, and accelerated economic growth across Rayalaseema and Andhra Pradesh. We are delighted to see this partnership grow even stronger, he added.
This landmark investment will create new opportunities for our youth, strengthen the industrial economy of Rayalaseema, and further establish Tirupati as one of India’s leading manufacturing, mobility and logistics hubs. As Rayalaseema emerges as a major centre for industry, innovation and advanced manufacturing, partnerships like these will play a defining role in shaping its future, Naidu added.
“The foundation stone of our second Global Parts Centre in Tirupati marks an important milestone in our journey and reflects our deep confidence in India’s future and Andhra Pradesh’s vision for growth. By transforming Tirupati into a future-ready manufacturing and electric mobility hub, this investment will enhance our global supply chain, support our expansion across markets, and reaffirm our commitment to ‘Made in India, for India and the World,” Dr. Pawan Munjal, Executive Chairman, Hero MotoCorp, said.