Hero MotoCorp to nearly double FY20 capex to Rs 1,500 crore for Andhra plant, BS-VI lines

Hero MotoCorp to nearly double FY20 capex to Rs 1,500 crore for Andhra plant, BS-VI lines The Delhi-based manufacturer is setting up a new plant at a time when its peers are initiating production holidays and cutting back on output due to fall in sales for the past two consecutive quarters and higher inventory at dealers end

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