Document 356712

20/10/2014
13:37
HERO MOTOCORP
91126152659
PAGE
01
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I t Hero
October 20, 2014
HMCL:ICK:11/14A:SECT:14
Fax/speed Post/Courier
A
Asst. Vice President,
Listing Department,
National Stock Exchange of India,
The Secreta ,
BSE Limited,
2501 Flo ,
Phi e Jeejeebhoy Towers,
"Exchange Plaza",
Daial Street,
Bandra Kurla Complex, Bandra (East),
*iumbal - 400 001.
Mumbai - 400 051
\(...
Dear Sir,
Re: Press release
the company in
Please find attached herewith a copy of the Press release being issued by
respect of inauguration of "Garden Factory" at Neemrana.
Kindly take the same on record and acknowledge receipt.
Thankingyou,
Yours faithfully,
for Hero Mo 09Vp Ltd.
Upx
ILAIVFC. KAMBOJ
09So. V.P.
- Legal & Company Secretary
Encl: as above
Hero MotoCorp Ltd.
Regd. Office: 34, Basant Lok, Vasant Vlhar, New Delhi-110057, India
Tel. +91 11 26142451, 46044100, Fax +91 11 26143321,28143198
HeroMotoCorp.com
Cir'd·1· '$91 1 1L1984PLCO17354
Email ID: [email protected]
20/10/2014
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HERO MOTOCORP
91126152659
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I t Hero
HERO MOTOCORP RIDES INTO A GREENER TOMORROW WITH
GARDEN FACTORY"
LINES UP TOTAL INVESTMENT OF OVER RS 5000 CR (USS 800
MILLION) IN BUILDING CAPACITY ACROSS THE GLOBE
- BUILDS STATE-OF-THE-ART MANUFACTURING FACILITY ON CREEN
CONCEPT' TO PROMOTE SUSTAINABLE GROWTH
- INVESTS RS 1050 CRORE (USS 173 MILLION) IN WORLD-CLASS
PRODUCTION UNIT & GLOBAL PARTS CENTRE (GPC)
- STARTS PRODUCTION WITH INITIAL CAPACtTY OF
750,000 UNITS PER
it
ANNUM
- AIMS TO DOUBLE PARTS BUSINESS TURNOVER TO RS 3000 CR (US$ 500
MILLION) IN 2-3 YEARS
-
(*f
1
---
Pawan Munjal
Vice Chairmrin, Chief Executive Officer & Managing Director
Hero MotoCorp Ltd.
1
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3."1.4/6,1
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"It is a momenlous occasion for vs as we synergise emironment and cutting-edge technology
to umeil our fourth manufacturing unit, which is a garden of health and productivity. where
we don'I only manufactlire products but also nurture life. We believe in giving back to the
environment as much as we take,from il, And lhat is why Hero has kept the 'green concept' in
fbcus while building this 'Garden Foctoiy'. A,9 leaders in the automotive indusity, we fully
realise our responsibility as an opinion leader in the fast changing industrial environment.
With the knowledge thal a cleaner, pollution-free environment is the only way forward, we are
lishering in an era of change. Today, we are tiving Up to that commitment by umieiling the
first of our 'Green Concept' mai,ufacturing unil which will serve as a template for our
upcoming production»ilities to replicate.
"Augmenting our capabilities, HMCL's highly-automated Global Parts Centre is our big
stride in building self-sujjlciency.
"We ha\,e lined up total investment of over Rs 3000 Cr (USS 800 Million) across the globe,
including the manufacturing plants in. Colombia and Bangladesh, and the new plants coming
&
up at Gujarat and Andhra Pradesh and the Hero Global Centre for Research & Design at
Kukasin Rajasthan."
%
Mt'-<U MUI ULURY
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Neemrana. R jasthan. October 208,2014
MotoCorp Ltd at Neemrana in the
The state-of-iho-art platinum-class mailufacturing plant of Hero
in keeping with the company's vision to
Northern Indian state of Rajasthan has gone on stream.
production by year 2020. The plant will be officially
Surpass 100 million units in cumulative
Soindia.
inaugurated by the ChiefMinister of Raiasthan Smt. Vasundhara Raje
is based on the core
Hero's one-of-a-kind-garden factory that will redefine manufaoturing
itted to maintain the highest
principle of sustainable development as the company remains comm
g envelope, to the Big Foot air handlers, to water and
ecological standards. From efficient buildin
demonstrates HMCL's environmental aspirations.
energy optimisation - the Garden Factory
km south-west of the national capital Now Delhi, Hero
With the launch of this facility., about 120
- Haridwar in thc hill
ing units in India
MotoCorp now has four globally-benchmarked manufactur state
ofHaryana, and Neemrana. The
northern
state of Ultarakhand, Gurgaon and Dharuhera in the
risen-up to 7.65 million per
now
has
ny
combined installed production capacity of the compa
12 million annual capacity by Year 2020.
annum - well in course to achieve the stated objective of
ent to build
HMEL has injected a sum of Rs 1050 Crore (USS 175 million) as initial investm
and
mankind.
this stistainable manufacituring Unit balancing nature, business
Global Parts Centre (GPC) whioh has
Adjacent to the plant is Hero MotoCorp's state-of-the-alt
and sorting system. on-line tracking
autoinated storage and retrieval system, automated packaging
manufacturing systems and most
of parts through Warehouse Management System (WMS). lean
importantly, a similar Green Building Concept,
to three years,
Aiming to double its annual turnover to over Rs 3000 Crore in the next two
ntly enhancing
the GPC is designed to have minimal manual intervention while significa
productivity.
Going forward, the
Tbe new plant will manufacture HMCL's range of motorcycles and scooters.
t production
curren
The
.
facility
this
company has plans to develop high-end two-wheelers from
demand,
with
annum which is likely to go up
rising
capaoity ofthe plant is 7304000 units per
year after construction began -
The unveiling of HMCL's new plant at Neemrana - just over a
is working towards realising
showcases the perseverance & aggression with which the company
Its long-term vision of reaching higher volumes to meet growing demand from domestic and
international markets.
in
Hero MotoCorp is also set to commence construction of its fifth & sixth manufacturing plants
ones
the
ing
includ
Gujarat and Andhra Pradesh respectively. When operational: all these plants MotoCorp to 12
Hero
of
ity
capac
d
in Colombia and Bangladesh - will take tile total installe
million units of two-wheelers.
**'**
Pream-Contacts:
Weber Shandwick - India
Mansi Molasi +91 9650215869
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