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Foundation stone for Hero Motors laid by CM

Foundation stone was laid for Hero MotoCorp in Chittoor district in Andhra Pradesh here on Friday.
 
The foundation stone was laid by Chief Minister Nara Chandrababu Naidu and Pawan Munjal chairman, managing director and CEO, Hero MotoCorp.
 
The new facility is the eight manufacturing facility of the Hero MotoCorp. With the new manufacturing facility plant in Chittoor, the company is bringing the same global benchmark of sustainable eco-friendly green manufacturing to the state.
 
The facility when becomes operational will take up a total combined installed capacity to 11milllion units of motorcycles and scooters per annum. The company is also building a state-of-the-art facility in the manufacturing unit.
 
The new manufacturing plant will generate 12000 new jobs thereby accelerating the socio-economic progress in the state.
 
Speaking at the event Cm said that he is glad that Hero MotoCorp is setting up a manufacturing facility in our state, the company’s first such manufacturing unit in southern India.
 
He further said that people of AP are going to benefit immensely from this venture and establishes Andhra Pradesh as the preferred investment destination in the country for large corporates.
 
I welcome Mr. Pawan Munjal and the Hero family to our state, extend our support to them for the future and look forward to a mutually beneficial association, he added.
 
The facility is being set up in over 600 acres in Chittoor district of Andhra Pradesh with an investment of 1600 crore.
 
The new facility will generate 2000 jobs at the plant and is expected to generate an additional 10,000 employment opportunities, through the creation of a manufacturing eco-system of vendors and suppliers in the region.

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