Hero MotoCorp Shares Trade Lower on Plan to Invest Rs 3,200 Crore 

Shares of India’s largest two-wheeler manufacturer, Hero MotoCorp were trading in the red on 2 July after the company announced a Rs 3,200 crore investment in Andhra Pradesh over the next three to five years to transform Tirupati into a major manufacturing, electric vehicle (EV), and global parts hub. 

The investment is expected to create around 4,000 jobs while strengthening the company’s production and supply chain capabilities. A key part of the expansion is the establishment of Global Parts Centre (GPC) 2.0, a facility that will serve Hero MotoCorp’s domestic and international spare parts operations. 

The company will also expand the production capacity of its Tirupati plant to 1.2–1.5 million units annually, supporting rising demand for both conventional two-wheelers and electric vehicles.

The Tirupati facility already plays a crucial role in Hero MotoCorp’s EV strategy, with the company’s electric vehicle portfolio being designed, engineered, and manufactured there. 

The latest investment aligns with Andhra Pradesh’s ambition to become a leading destination for advanced manufacturing and clean mobility, attracting large-scale investments in the automotive sector.

For Hero MotoCorp, the expansion goes beyond increasing production. It reflects the company’s strategy to diversify into higher-margin businesses such as accessories, merchandising, and global logistics while reinforcing its leadership in India’s two-wheeler market.

As India’s EV ecosystem continues to evolve, Hero MotoCorp’s investment is expected to strengthen domestic manufacturing, improve export capabilities, and accelerate the country’s transition towards sustainable mobility.

At 11:03 am, the shares of Hero MotoCorp were trading 0.33% lower at Rs 4,819.00 on NSE.

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