Hero MotoCorp setting up Rs160-cr global parts center in Rajasthan
25 Jul 2012
Hero MotoCorp Ltd (HMCL), the world's largest two-wheeler manufacturer, today announced the setting up of a global parts centre (GPC) at Neemrana in Rajasthan.
''We will be setting-up a state-of-the-art global parts centre spread over 35 acres at Neemrana with an initial investment of Rs160 crore,'' Pawan Munjal, managing director and chief executive of HMCL, said at the company's Global Supply Chain Partners Conference-2012 (GSCPC) at St Petersburg, Russia, today.
''The highly-mechanised, technologically-superior GPC will be a new industry benchmark once it becomes fully-operational,'' Munjal said while addressing an audience of over 200, including more than 125 top component suppliers of HMCL.
These component suppliers of the company – drawn from India, China, Thailand, Japan and Europe – have converged at this historic Russian city to attend the three-day global conference being held at the National Congress Palace.
The GPC, which is expected to be operational in the third quarter of the next financial year (2013-14), will initially employ 400 personnel.
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 most importantly, the Green Building Concept.