Hero Electric to establish 2-3 factories by 2025 to scale 1 mn capacity
Fri, Jul 9, 2021 2:51 PM

Hero Electric to establish 2-3 factories by 2025 to scale 1 mn capacity

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Hero Electric plans to invest at least Rs 700 crore to raise annual production capacity to more than 1 million units over the next four years. These new capacities will come up at two or three locations, including one which will be closer to a port for easier exports. This mega expansion includes raising capacity at Hero Electric’s only plant at Ludhiana, Punjab.

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