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Hero MotoCorp plans manufacturing units
01 Oct 2015 CW Team
Hero MotoCorp plans to set up manufacturing facilities in Mexico, Argentina and Brazil and expects to utilise the new Colombian plant as a hub to export to nearby countries. The company´s first global manufacturing facility at Villa Rica in Colombia, entailing a project investment of $70 mn, became operational recently. With the commencement of operations at the Colombia plant, the New Delhi-head quartered company has become the first Indian two-wheeler manufacturer to set-up a manufacturing unit in Latin America.
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Hero MotoCorp plans to set up manufacturing facilities in Mexico, Argentina and Brazil and expects to utilise the new Colombian plant as a hub to export to nearby countries. The company´s first global manufacturing facility at Villa Rica in Colombia, entailing a project investment of $70 mn, became operational recently. With the commencement of operations at the Colombia plant, the New Delhi-head quartered company has become the first Indian two-wheeler manufacturer to set-up a manufacturing unit in Latin America.
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