Hero MotoCorp plans to set up a new plant in Chittoor district of Andhra Pradesh.
The two wheeler maker will invest Rs 2,200 crore to set up the manufacturing plant.
The Andhra Pradesh Cabinet on Monday cleared allotment of 600 acre near Sri City integrated business city. The land allotted is next to the integrated business city and belongs to the AP Industrial Infrastructure Corporation.
Hero MotoCorp had announced in June that it was setting up one of its largest facilities in south India for the local market.
The proposed plant will have a capacity of 1.8 million units. It will be Hero MotoCorp's sixth facility and will take the company's overall annual capacity to 12 million units.
More Project Info:
Two-Wheelers (Sri City) Project