Hero Motocorp entered Colombia by forming a wholly owned subsidiary under the name Hero Motocorp Ltd. Colombia SAS (HMCL Colombia SAS).
Mr.Pawan Munjal, Managing Director & Chief Executive Officer, Hero MotoCorp Ltd, has laid the foundation stone for a full fledged manufacturing plant at Villa Rica, Colombia. The plant will have an annual production capacity of 78,000 units and is expected to go on stream towards the middle of the FY2016. The capacity can be expanded to 150,000 units in the future. The facility will be spread over 17 acres.
Hero Motocorp has announced that it will invest USD 70 million/INR 419.2
Mr.Pawan Munjal, Managing Director & Chief Executive Officer, Hero MotoCorp Ltd, has laid the foundation stone for a full fledged manufacturing plant at Villa Rica, Colombia. The plant will have an annual production capacity of 78,000 units and is expected to go on stream towards the middle of the FY2016. The capacity can be expanded to 150,000 units in the future. The facility will be spread over 17 acres.
Hero Motocorp’s CEO Pawan Munjal lays the foundation stone for the Colombian manufacturing plant in Villa Rica.
