Hero MotoCorp LEAP - a Hybrid Scooter : Front 3/4

Hero MotoCorp’s LEAP Hybrid scooter : Probably not going into production, but still a cool Hero

Hero MotoCorp Ltd has begun the construction of its fourth manufacturing plant and a new Global Parts Centre (GPC) at Neemrana, Rajasthan. Mr. Pawan Munjal, Managing Director & Chief Executive Officer of Hero MotoCorp who laid the foundation stone for these facilities said “The commencement of work on the new plant is clearly indicative of our intention and strategy for the future. Thanks to overwhelming demand for our products, we have been consistently clocking in excess of five lakh unit monthly sales on an average. We foresee a revival in market sentiments sooner than later, and when it happens, we will be ready to meet the upsurge in demand. At the same time, we will be setting-up a state-of-the-art Global Parts Centre spread over 35 acres at Neemrana. The highly-mechanised, technologically-superior GPC will be a new industry benchmark once it becomes fully-operational”.

Hero MotoCorp will be investing Rs. 550 Crore in setting up the Neemrana plant spread over 47 acres. The plant alone is expected to provide direct employment to over 1000 people, and have an installed capacity of 750,000 units per annum once it starts functioning in Q3 of FY 2013-14.

The GPC will initially employ 400 personnel. Hero MotoCorp says the state-of-the-art GPC will have automated storage and retrieval system, automated packaging and sorting system, on-line tracking of parts through Warehouse Management System (WMS), lean manufacturing systems and employ Green Building Concepts.