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Hero Motocorp plans investment of Rs2575 crores-news05062012

Tuesday, June 05, 2012

Hero Motocorp");'> Hero Motocorp has planned investment of Rs1500 crores for setting up plants in Rajasthan and Gujarat, Rs400 crores for setting up of R&D unit and Rs675 crores for capacity expansion at existing plants and other investments.


The total capacity would be enhanced to 9 million units while the setting up of new R&D plant will facilitate independent rollout of new products-positive for the stock.

Hero Motocorp");'> Hero Motocorp expects 25% volume growth in exports in FY13: Hero Motocorp");'> Hero Motocorp will begin exports to Central America and Africa from the next quarter and is expecting 25% growth in overall export volumes in FY13. All products exported to new markets will be under the ‘ Hero’ brand. -positive for the stock
....more info



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