Sunday, May 17, 2026

Hero MotoCorp lines up Rs 1,500 crore capex for FY27 to double scooter production capacity

Hero MotoCorp plans a significant Rs 1,500 crore capital expenditure for fiscal year 2027. This investment aims to double its scooter production capacity. The company is also building a global parts centre in South India with an investment exceeding Rs 700 crore. Demand momentum remains strong despite global uncertainties.

from Auto-Industry-Economic Times https://ift.tt/1fWuqNg

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Mercedes plans bigger India play with greater localisation of parts

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