Andhra Pradesh Chief Minister N. Chandrababu Naidu on Friday will launch a Hero Motors plant project in Chittoor district, giving a major boost to employment in AP
N. Chandrababu Naidu
Andhra Pradesh Chief Minister N. Chandrababu Naidu on Friday will launch a Hero Motors plant project in Chittoor district, giving a major boost to employment in AP. According to District Collector P.S. Pradyumna, the chief minister after participating in the ground breaking ceremony at Madannapalem village 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 in Andhra Pradesh.
ADVERTISEMENT
Pradyumna said the major automobile industry will be coming up in an area of 636 acres in Madannapalem village. Hero motors will be established for production of 5 lakh motor cycles by 2019 December. Hero motors production will be doubled after the completion of the second unit in 2020. 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 cycle manufacturing unit in AP.
Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever
Subscribe today by clicking the link and stay updated with the latest news!" Click here!
