Hero MotoCorp to nearly double FY20 capex to Rs 1,500 crore for Andhra plant, BS-VI lines

The Delhi-based manufacturer is setting up a new plant at a time when its peers are initiating production holidays and cutting back on output due to fall in sales for the past two consecutive quarters and higher inventory at dealers end

from Moneycontrol Business News http://bit.ly/2DJXEA3