Hero Electric to expand its Ludhiana unit

Hero Electric is planning to expand its manufacturing capacity as well as R&D infrastructure. Currently, the company has a capacity to roll out 40,000 units per year at its Ludhiana plant. The new project will entail an investment of Rs. 5000 million. It may be noted, the company is also setting up a new greenfield manufacturing unit near Chennai in Tamil Nadu. Over the next 5 years, the company plans to triple its production and also to launch new models

Company Profile : Hero Electric

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