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Hero MotoCorp signs MoA with Government of Andhra Pradesh

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Capital Market

To set up a manufacturing plant in Chittoor

Hero MotoCorp announced that the Company on 16 September 2014 has entered into a Memorandum of Understanding (MOU) with the State Government of Andhra Pradesh to set-up a manufacturing plant in Chittoor district of the state of Andhra Pradesh. The plant with an investment of Rs. 1600 crore approx will have a production capacity of around 1.8 million p.a.

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First Published: Sep 16 2014 | 3:56 PM IST

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