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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.
TVS Motor enters Zambia with multi-product launch to boost Africa expansion
The company has partnered with Zamoto Manufacturing Limited as its authorised distributor to establish a comprehensive sales, service and spare parts network across the country.
TSF Investments buys additional 2.8% stake in India Motor Parts & Accessories, Pari Washington sells 2.45% shares
India Motor Parts & Accessories stock may have reacted to the deal, soaring 9.4 percent to Rs 1,135 amid high volumes on the BSE.