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Hero doing great with Rs. 2575 Crore expansion plans

The Hero MotoCorp is quite doing well after it departed from its partner Honda. Among the good thing that is happening in the company is their Rs 2,575 crore investment blueprint. This investment would surely help them when it comes to enhancing their capacity to expand through the use of technology.

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Hero MotoCorp

It is known that a large portion of this investment would go to expansion where the company will set up fourth and fifth plants in Rajasthan and Gujarat. The company is really doing great in their expansion where a new centre will be built in Jaipur and in other near areas.

All the legal documents for their expansion are already prepared, but acquisition of land is yet to be completed. The centre that they will be building in the country would be considered as the biggest in the country and also the longest test track for high-speed bikes. This is according to the statement of Mr Pawan Munhjal, the managing director of the company.

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