The Board of Directors at its meeting held today has approved an additional investment of upto Rs. 170 crore towards setting up of Global Part Center (GPC) 2.0 at Tirupati, Andhra Pradesh. The commercial operations at GPC 2.0 are expected to commence during FY 2027-28.
HEROMOTOCO · price
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Hero MotoCorp's Board has approved an additional investment of up to Rs. 170 crore to set up Global Part Center (GPC) 2.0 at its Tirupati facility in Andhra Pradesh. This is an expansion (version 2.0) of the company's existing parts center operations. Commercial production at the new facility is expected to begin in FY 2027-28, indicating a multi-year build-out timeline. The investment reflects the company's continued focus on strengthening its aftermarket and parts distribution capabilities.
The Rs. 170 crore outlay is modest relative to Hero MotoCorp's overall size and is unlikely to materially affect stock price; it signals management's confidence in service and spare-parts business growth over the medium term.