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Hero MotoCorp to invest Rs 3,200 cr in 3-5 years in Andhra Pradesh on capacity expansion, new global parts centre
Hero MotoCorp is set to invest Rs 3,200 crore in Andhra Pradesh over the next three to five years, significantly expanding its operations. This includes a new global parts centre at Tirupati, costing Rs 750 crore, and a substantial increase in production capacity at its existing facility. The move aims to bolster the company's global supply chain and enhance its accessories business, transforming Tirupati into a key manufacturing hub.
Andhra Pradesh govt notifies five model e-mobility cities under EV policy 4.0
Andhra Pradesh has launched its Sustainable Electric Mobility Policy 4.0. Five cities, Visakhapatnam, Rajahmundry, Vijayawada, Nellore, and Tirupati, are now model e-mobility hubs. The state aims to boost electric vehicle adoption with new charging infrastructure and green corridors. This initiative will improve transport efficiency and reduce pollution across the state.