Chandrababu Naidu to launch Hero Motors plant project today
Chandrababu Naidu
The collector said about 15,000 people would get employment with the project
Andhra PradeshChief MinisterNChandrababu Naiduon Friday will launch aHero Motorsplant project inChittoordistrict, giving a major boost to employment in AP.
According to District Collector PSPradyumna, the chief minister after participating in the ground-breaking ceremony atMadannapalemvillage where the project will be coming up, will also address a meeting at the village.
The collector said about 15,000 people would get employment with the project, which he said would go a long way in making Rayalaseema as automobile hub with Apollo Tyres also setting up their unit inAndhra Pradesh.
Pradyumna said the major automobile industry will be coming up in an area of 636 acres inMadannapalemvillage.
Hero motors will be established for the production of 5 lakh motor cycles by 2019 December.
Hero motors production will be doubled after the completion of the second unit in 2020.
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Production of motor vehicles will be further up to 18 lakh motor cycles by the year 2025.
The total investment by the Hero motors company will be Rs 3,200 crore for the motor cyclemanufacturing unit in AP.